Types Of Ownership Flashcards
0
Q
Concurrent ownership?
A
2 or more owners
1
Q
Severalty?
A
One owner (Single person or one company)
2
Q
Who cannot own property in Joint Tenancy
A
Legal Entity i.e. Corporation
Concurrent ownership?
2 or more owners
Severalty?
One owner (Single person or one company)
Who cannot own property in Joint Tenancy
Legal Entity i.e. Corporation