Tenancy by the Entirety: Definition, Requirements, Advantages, and Disadvantages Tenancy by the Entirety (TBE) is a form of property ownership reserved for married couples. In this arrangement, both spouses jointly own the property as a single legal entity, each having an equal and undivided interest in the property. This form of ownership creates a right […]
Tenancy By The Entirety Illinois Tenancy by the entirety is a form of shared property ownership available only to married couples in Illinois. It allows spouses to jointly own property as a single legal entity, with each spouse holding an equal, undivided interest in the property. This provides extra protection for marital property as creditors […]
What is Power Of Attorney For Property? A power of attorney for property is a legal document that gives someone the authority to make decisions about your finances and property if you become unable to do so yourself. It allows you to appoint an “attorney-in-fact” or agent to act on your behalf. The power of […]
Notarization Requirements For POA In Kenya A Power of Attorney (POA) is a legal document that authorizes someone to make legal, medical or financial decisions on your behalf if you are unable to do so. In Kenya, the following are the key requirements for notarizing a POA: The POA document must be signed by all […]
Power Of Attorney in Kenya A Power of Attorney (POA) is a legal document that grants a person or organization the power to act on behalf of another person or organization. A Power of Attorney is a legal document that authorizes one person (the agent or attorney-in-fact) to act on behalf of another person (the […]
In Duplum Rule Kenya What Is The Meaning Of In Duplum Rule? The In Duplum rule, literally meaning “double the amount,” is a legal principle that restricts the accumulation of interest on a debt. In Kenya, this rule is governed by Section 44 of the Banking Act. It stipulates that once the total amount of […]