Definitions for "Co-ownership"
Shared ownership, a method of purchasing property in partnership with a housing association, where the borrower purchases part of the property and rents the rest from the housing association. The minimum purchase amount is 25% of the property value, and the rest may be bought in blocks of 25%. This arrangement is ideal for those whose personal circumstances prevent them from being 100% homeowners.
is a relationship between two or more parties who jointly own interest(s) in the same property.
Label given to ownership of property by more that one person.