ownership in common

Ownership shared by two or more persons whose interests are divisible.

• Typically their interests, at death, pass to the dead owner’s heirs or successors. [Cases: Tenancy in Common 1. C.J.S. Estates § 19; Tenancy in Common §§ 2–5.]

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词条贡献者

译者Terence，毕业于国内顶尖法学院，擅长翻译各种与复杂结构性融资相关的法律文件。