- joint ownership
The ownership of property by two or more people, usually with the right of survivorship.Category: Real Estate & Rental PropertyCategory: Wills, Trusts & Estates → WillsCategory: Wills, Trusts & Estates → Getting Your Affairs in Order
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- joint ownership
n. Undivided ownership of the whole of an asset by two or more individuals. Upon the death of any one, his or her rights pass to the surviving owners rather than to the heirs of the decedent.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
Look at other dictionaries:
joint ownership — ➔ ownership * * * joint ownership UK US noun [U] ► WORKPLACE a situation in which two or more people or organizations own a property, business, etc. together: »The merger is not a surprise, as the two publishers already had joint ownership of… … Financial and business terms
Joint ownership — refers to: * Housing equity partnership. * Jointly owned photovoltaic plant. See also * Concurrent estate … Wikipedia
joint ownership — Gen Mgt ownership by more than one party, each with equal rights in the item owned. Joint ownership is often applied to property or other assets … The ultimate business dictionary
joint ownership — ownership that is shared by two or more individuals or groups … English contemporary dictionary
joint ownership — Synonyms and related words: association, cochairmanship, complicity, condominium, contribution, copartnership, copartnery, cotenancy, engagement, having a part, involvement, joint chairmanship, joint control, joint tenancy, partaking,… … Moby Thesaurus
joint ownership — See tenancy (joint tenancy) … Black's law dictionary
joint ownership — /dʒɔɪnt əυnəʃɪp/ noun the owning of a property by several owners … Dictionary of banking and finance
overseas joint ownership — A joint venture in which a company joins investors in a foreign market to create a local business in which the company shares ownership and control … Big dictionary of business and management
ownership — own‧er‧ship [ˈəʊnəʆɪp ǁ ˈoʊnər ] noun [uncountable] COMMERCE the state of owning something: • Car ownership by teenagers tripled during the decade. • Home ownership is more common in Britain than in Europe generally. • Limited partnerships give… … Financial and business terms