MLchartDataset catalogue

Ownership in common

Term · Law · MLC-T-LAW-003601

A form of co-ownership where two or more individuals hold undivided interests in the same property, but without the right of survivorship. Each co-owner can sell, mortgage, or devise their share independently. This arrangement differs from joint tenancy, where a deceased owner's interest automatically passes to the surviving co-owners.

Table 1. Record
IdentifierMLC-T-LAW-003601
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003601",
  "term": "Ownership in common",
  "field": "Law",
  "definition": "A form of co-ownership where two or more individuals hold undivided interests in the same property, but without the right of survivorship. Each co-owner can sell, mortgage, or devise their share independently. This arrangement differs from joint tenancy, where a deceased owner's interest automatically passes to the surviving co-owners.",
  "url": "https://mlchart.com/terminology/law/ownership-in-common/"
}

Record 3,598 of 5,439 in Law terminology (MLC-0107). Request the full dataset.