joint ownership

Mutual property holding

Joint ownership is shared legal possession of property, assets, or rights by two or more parties.

Each owner holds an interest in the whole rather than a specific portion: The siblings have joint ownership of the family cabin.

Common arrangements include joint tenancy, where surviving owners inherit a deceased owner's share, and tenancy in common, where shares pass to heirs independently.

Opposites
number of owners

joint ownershipsole ownership

Undivided possession by one

individual ownership · sole proprietorship · private ownership

ownership vs. non-ownership

joint ownershiptenancy

Renter's period of residence

rental · leasehold · dispossession · leasing · borrowing

Family

joint, ownership

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Used worldwide · Timeless · Abstract · Rated G