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MEANING OF CO-OWNERSHIP AND JOINT OWNERSHIP

MEANING OF CO-OWNERSHIP AND JOINT OWNERSHIP

CO-OWNERSHIP

Co-owners can be a group or individuals that own a percentage of an asset in conjunction with another individual or group. A co-owner is an individual or group that shares ownership in an asset with another individual or group. Each co-owner owns a percentage of the asset, although the amount may vary according to the ownership agreement. The rights……………

 

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