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cotenancy |
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cotenancy A form of property ownership in which two or more persons or entities own undivided interests.The interests do not always have to be in equal shares. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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This arrangement also avoids a problem if an individual cotenant died or went bankrupt, thus affecting the other tenants-in-common. Other positive site attributes include the cotenant mix, the availability of parking and the attractiveness of the site. In such case, both ex-spouse co-tenants will be in the position of the nonresident cotenant in the above discussion - perhaps losing the opportunity for Sec. |
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