Simple English definitions for legal terms
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A coowner is someone who shares ownership, possession, and enjoyment of property with one or more people. This means they all have equal rights to use and benefit from the property. Coowners can be tenants in common, joint tenants, or tenants by the entirety.
Definition: A coowner is a person who shares ownership, possession, and enjoyment of a property with one or more others. This can include being a tenant in common, a joint tenant, or a tenant by the entirety.
Examples:
These examples illustrate how coowners share ownership and responsibility for a property. They may have different percentages of ownership, but they all have the right to use and enjoy the property.