Types of co-ownership
A co-ownership property is a type of immovable that requires cooperation between co-owners to ensure harmonious cohabitation. A person who chooses co-ownership must know that several of the decisions regarding the immovable are taken jointly by all co-owners.
There are different types of co-ownership properties:
This Professional Practices Guide focuses on divided co-ownership. Descriptions of other types of co-ownership are included to enable brokers to distinguish between them.