concurrent ownership
concurrent ownership
Ownership by two or more parties at the same time.The most common examples of concurrent ownership are
• Tenants in common
• Joint tenants with right of survivorship
• Tenants by the entireties
• Community property interests
• Tenants in common with cross-contingent remainders
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.