concurrent estate

concurrent estate
concurrent estate UK US noun [U]
LAW, PROPERTY the fact of property being owned by two or more people: »

Tenancy in common is the default form of concurrent estate, in which each owner is regarded by the law as owning separate and distinct shares which may differ in size.


Financial and business terms. 2012.

Игры ⚽ Поможем решить контрольную работу

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