concurrent interest
See concurrent estate under ESTATE(1).
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The simultaneous representation of more than one person in the same matter. See CONFLICT OF INTEREST(2).
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concurrent, adj. 1. Operating at the same time; covering the same matters ( concurrent interests). 2. Having au-thority on the same matters (concurrent jurisdiction). [Cases: Courts 472, 489, 510; Federal Courts 1131. C.J.S. Courts §§ 186, 203, 222, 225.]
Ownership or possession of property by two or more persons at the same time. • In modern practice, there are three types of concurrent estates: tenancy in common, joint tenancy, and tenancy by the entirety. — Also termed concurrent interest.
coparcener (koh-pahr-s[schwa]-n[schwa]r). A person to whom an estate descends jointly, and who holds it as an entire estate; a person who has become a concurrent owner as a result of descent. — Also termed parcener; (archaically) coparticeps. “Coparceners constitute a single heir, and they occupy a position intermediate between joint tenants and tenants in common.