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)
“To have a place full of delights and nothing but delights, which one does not have to explain and defend to people who have ideas unsympathetic to one, it is to economize the forces which keep one from ending like the wisteria, from committing the unpardonable sin of doing things with difficulty.”
—Rebecca West (1892–1983)
“If there ever are great revolutions there, they will be caused by the presence of the blacks upon American soil. That is to say, it will not be the equality of social conditions but rather their inequality which may give rise to it.”
—Alexis de Tocqueville (1805–1859)