Equity Delights in Equality
Where two persons have an equal right, the property will be divided equally. Thus equity will presume joint owners to be tenants in common unless the parties have expressly agreed otherwise. Equity also favours partition, if requested, of jointly held property.
Read more about this topic: Maxims Of Equity
Famous quotes containing the words equity, delights and/or equality:
“If equity and human natural reason were allowed there would be no law, there would be no lawyers.”
—Christina Stead (1902–1983)
“But could youth last, and love still breed,
Had joys no date, nor age no need,
Then these delights my mind might move
To live with thee and be thy Love.”
—Sir Walter Raleigh (1552?–1618)
“It is clear that not in one thing alone, but in many ways equality and freedom of speech are a good thing.”
—Herodotus (c. 484–424 B.C.)