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

References in periodicals archive ?
"They further expressed their willingness to offer voluntary commitments to address the competition concerns from Udenna's concurrent ownership of 2Go and Trans-Asia.
They further expressed their willingness to offer voluntary commitments to address the competition concerns arising from Udenna's concurrent ownership of 2Go and TransAsia.
Coverage includes present estates, future interests, concurrent ownership, private and public land-use regulation, takings, and landlord/tenant law--as well as property in the broader sense that encompasses information and intellectual property.
This textbook outlines the essentials of real estate practice law for paralegal students and paralegals, and covers aspects from property ownership, concurrent ownership, and methods of describing real property, to basic contract law, deeds, and finance, to titles, closings, condos and cooperatives, and leases.
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