Concurrent estate
Term · Law · MLC-T-LAW-001150
A form of property ownership where two or more individuals hold interests in the same property simultaneously. Each co-owner has a right to possess the entire property, subject to the rights of the others. Common types include tenancy in common, joint tenancy, and tenancy by the entirety.
| Identifier | MLC-T-LAW-001150 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001150",
"term": "Concurrent estate",
"field": "Law",
"definition": "A form of property ownership where two or more individuals hold interests in the same property simultaneously. Each co-owner has a right to possess the entire property, subject to the rights of the others. Common types include tenancy in common, joint tenancy, and tenancy by the entirety.",
"url": "https://mlchart.com/terminology/law/concurrent-estate/"
}
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