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Tentative Draft No. 7 i (April 2026)

handle is hein.ali/forthprop0016 and id is 1 raw text is: THE AMERICAN LAW INSTITUTE Submitted by the Council to the membership of The American Law Institute for consideration at the 2026 Annual Meeting on May 18-20, 2026 Restatement of the Law Fourth Property Tentative Draft No. 7 (April 2026) SUBJECTS COVERED VOLUME 4 DIVISION II CHAPTER 3 CHAPTER 4 DIVISION III CHAPTER 3 CHAPTER CHAPTER VOLUME 5 DIVISION V CHAPTER CHAPTER CHAPTER 11 12 1 2 3 CHAPTER 4 APPENDIX A APPENDIX B Divided and Shared Ownership Concurrent Ownership Joint Tenancy: Special Features (Intro. Note; §§ 3.1-3.12) Tenancy by the Entirety: Special Features (Intro. Note; §§ 4.1-4.15) Leasing Formalities Required for the Formation of the Lease Under the Statute of Frauds (Intro. Note; §§ 3.1-3.5) Transfers of Lessor's Interest in Leased Property (S 11.1-11.6) Transfers of Lessee's Interest in Leased Property (S 12.1-12.6) Title and Transfers of Ownership Mortgages on Real Property Creation of Mortgages (Intro. Note; §§ 1.1-1.6) Future Advances (Intro Note; §§ 2.1-2.4) Mortgagors' Equity of Redemption and Mortgage Substitutes (Intro. Note; §§ 3.1-3.4) Rights and Duties of the Parties Prior to Foreclosure (Intro. Note; §§ 4.1-4.8) Black Letter of Tentative Draft No. 7 Black Letter of Sections Approved by Membership The American Law Institute 4025 Chestnut Street Philadelphia, PA 19104 Telephone: (215) 243-1600 Email: ali@ali.org Website: www.ali.org @2026 by The American Law Institute All Rights Reserved As of the date on its cover, this draft had not been considered by the membership of The American Law Institute and therefore may not represent the position of the Institute on any of the issues with which it deals. Any action taken by the membership with respect to this draft may be ascertained by consulting the ALl website or the Proceedings of the Annual Meeting.