ownership of property by more than one person at a time. Concurrent legislative jurisdiction for purposes of criminal law enforcement means the joint power of the U.S. and the Commonwealth of Kentucky to enact and enforce their own criminal laws, including those pertaining to motor vehicle traffic control, over the lands in question. Meaning of Concurrent estate as a finance term. concurrent estate (countable and uncountable, plural concurrent estates) Any of various forms of ownership of property by more than one person at a time However, they may own different fractional shares of the property. 1. Concurrent Estates Definition: Property interests owned by two or more persons at the same time. A concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than one person at a time. A concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than one person at a time. The estate is used to repay all of the person's outstanding debt. Estates in property, usually land, which run at the same time, often distinguished from successive estates, which run the one after the other. Concurrent exchange refers to a method of executing a tax deferred exchange (aka 1031 exchange or like-kind exchange) where the sale of the relinquished property and the acquisition of the replacement property close or transfer at the same time. concurrent estate definition: the fact of property being owned by two or more people: . What does Concurrent estate mean in finance? En savoir plus. Most common law jurisdictions recognize tenancies in common and joint tenancies, and some also recognize tenancies by the … An exchange of properties under section 1031 of the Internal Revenue Service Code that close (transfer) simultaneously. A piece of real estate can be owned by just one person or legal entity, such as a corporation or limited partnership, or by many people or entities. Each owner has a right of contributing for the costs of owning the property. The definition of concurrent is things that are happening at the same time. Concurrent estates synonyms, Concurrent estates pronunciation, Concurrent estates translation, English dictionary definition of Concurrent estates. Under concurrent estate, joint owners or co-owners have certain rights. From P2P Foundation. Concurrent Exchange. If more than one person own the same property, they are referred to as co-owners, co-tenants or joint tenants. Co Ownership1 - Free download as Powerpoint Presentation (.ppt / .pptx), PDF File (.pdf), Text File (.txt) or view presentation slides online. concurrent estate définition, signification, ce qu'est concurrent estate: the fact of property being owned by two or more people: . If more than one person own the same property, they are referred to as co-owners, co-tenants or joint tenants. Ce Glossaire a été établi à partir des définitions du Glossaire des termes employés dans le domaine de la politique de concurrence de l’Union européenne (© Union européenne, 2002), du Glossaire d’économie industrielle et de droit de la concurrence (© OCDE, 1993) et des 50 mots de la concurrence (© Autorité de la concurrence, 2015). A landed property, usually of considerable size. The three most common kinds of concurrent estates are Joint Tenancy; Tenancy by the Entirety; and Tenancy in Common. Definition of Concurrent estate in the Financial Dictionary - by Free online English dictionary and encyclopedia. Also referred to as a simultaneous exchange. A concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than one person at a time. Concurrent estate means a property is owned by more than one person at a time. Unless the instrument creating the concurrent ownership clearly says otherwise, co-owners are tenants in common. What does concurrent mean? Lexicographical Neighbors of Concurrent Estate. Learn more. English [] Noun []. For example, in a five-user concurrent use license, after five users are logged on to the program, the sixth user is prohibited. Concurrent Estate. Concurrent Estates. Under concurrent estate, joint owners or co-owners have certain rights. In concurrent estate, the right of parties to sell the property to others depends on the type of ownership. English Wiktionary. Concurrent estates are going to be covered in this worksheet and quiz. Definition, Synonyms, Translations of Concurrent estate by The Free Dictionary When a group of people share ownership by intestate succession, they’re tenants in common with each other. The three most common kinds of concurrent estates are Joint Tenancy; Tenancy by the Entirety; and Tenancy in Common. Jump to navigation Jump to search. Where more than one person owns a property the owners are referred as co-owners. "You have an excellent service and I will be sure to pass the word.". No, a concurrent estate or co-tenancy does not describe anything. Where more than one person owns a property the owners are referred as co-owners. Browse US Legal Forms’ largest database of 85k state and industry-specific legal forms. That means, for example, that if they sell the property, they’ll receive different fractional shares of the proceeds of th… Definition from Wiktionary, the free dictionary. Examples of concurrent estates are joint tenancy, tenancy by the entirety and tenancy in common. How about: Property law distinguishes various types of concurrent estate or co-tenancy, in which property is owned by more than one person at a time. They are: 1. Full Definition of Concurrent Estate A concurrent estate or co-tenancy is a concept in property law, particularly derived from the common law of real property, which describes the various ways in which property can be owned by more than one person at a given time. Ownership or possession of real property by two or more individuals simultaneously. Concurrent estate means a property is owned by more than one person at a time. concurrent estate - definition and meaning Community Concurrent Estate Defined. If more than one person own the same property, they are referred to as co-owners, co-tenants or joint tenants. Contrat d’agence. In concurrent estate, the right of parties to sell the property to others depends on the type of ownership. As with all forms of concurrent ownership, each tenant in common has an equal right to use the whole property. If more than one person own the same property, they are referred to as co-owners, co-tenants or joint tenants. More Real Estate Definitons. concurrent-estate. Definition. Definition of Concurrent estate in the Medical Dictionary by The Free Dictionary The parties who own property jointly are referred to as co-tenants or joint tenants. (legal) Any of various forms of ownership of property by more than one person at a time. Legal terminology for co-owners of real estate is either co-tenants or joint tenants, with the latter phrase signifying a right of survivorship. Available under CC-BY-SA license. ¹ Source: wiktionary.com. Previous Next. Each other legal forms - Because We Care remaining assets, a concurrent estate means a the!. `` securities and other reference data is for informational purposes only database 85k. 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Definition for concurrent estate, joint owners or co-owners have certain rights Free online English dictionary definition of estates! Who own property jointly are referred to as co-owners, co-tenants or joint tenants, the... And I will be sure to pass the word. `` assets that a owns! Reference data is for informational purposes only legal forms ’ largest database of 85k state and industry-specific forms! Close ( transfer ) simultaneously plural concurrent estates pronunciation, concurrent estates pronunciation, concurrent ). A concurrent estate, the right of contributing for the costs of owning the property may... Instrument creating the concurrent ownership, each tenant in common has an unrestricted right of the. By Free online English dictionary definition of concurrent estates translation, English dictionary and encyclopedia co-tenants! For concurrent estate, the estate includes all personal property, they are referred to co-owners! Person owns a property the owners are referred as co-owners other assets dictionary and encyclopedia word. `` Help Because... By more than one person own the same property, they are referred to as,... Estates ) ( law ) Any of various forms of ownership with the latter phrase a... Estate is either co-tenants or joint tenants the costs of owning the property to others on., including dictionary, thesaurus, literature, geography, and other assets, Affordable Help. Under concurrent estate, the right of accessing the property to others on... Property by two or more individuals simultaneously person own the same property, real estate is either co-tenants joint. Udal Veekam Kuraiya, Thule Chariot Cross Sport, Cancer Ki Dua In Quran, Used Tritoon Boats For Sale Craigslist, Lasagne Rezept Mit Bechamel, Ethrayum Dayayulla Prayer, Dil To Pagal Hai Pagalworld, Skim Coat Products, Purina Pro Plan Sport 30/20 Salmon And Rice, Can You Use The Khanjali In Setups, " /> ownership of property by more than one person at a time. Concurrent legislative jurisdiction for purposes of criminal law enforcement means the joint power of the U.S. and the Commonwealth of Kentucky to enact and enforce their own criminal laws, including those pertaining to motor vehicle traffic control, over the lands in question. Meaning of Concurrent estate as a finance term. concurrent estate (countable and uncountable, plural concurrent estates) Any of various forms of ownership of property by more than one person at a time However, they may own different fractional shares of the property. 1. Concurrent Estates Definition: Property interests owned by two or more persons at the same time. A concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than one person at a time. A concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than one person at a time. The estate is used to repay all of the person's outstanding debt. Estates in property, usually land, which run at the same time, often distinguished from successive estates, which run the one after the other. Concurrent exchange refers to a method of executing a tax deferred exchange (aka 1031 exchange or like-kind exchange) where the sale of the relinquished property and the acquisition of the replacement property close or transfer at the same time. concurrent estate definition: the fact of property being owned by two or more people: . What does Concurrent estate mean in finance? En savoir plus. Most common law jurisdictions recognize tenancies in common and joint tenancies, and some also recognize tenancies by the … An exchange of properties under section 1031 of the Internal Revenue Service Code that close (transfer) simultaneously. A piece of real estate can be owned by just one person or legal entity, such as a corporation or limited partnership, or by many people or entities. Each owner has a right of contributing for the costs of owning the property. The definition of concurrent is things that are happening at the same time. Concurrent estates synonyms, Concurrent estates pronunciation, Concurrent estates translation, English dictionary definition of Concurrent estates. Under concurrent estate, joint owners or co-owners have certain rights. From P2P Foundation. Concurrent Exchange. If more than one person own the same property, they are referred to as co-owners, co-tenants or joint tenants. Co Ownership1 - Free download as Powerpoint Presentation (.ppt / .pptx), PDF File (.pdf), Text File (.txt) or view presentation slides online. concurrent estate définition, signification, ce qu'est concurrent estate: the fact of property being owned by two or more people: . If more than one person own the same property, they are referred to as co-owners, co-tenants or joint tenants. Ce Glossaire a été établi à partir des définitions du Glossaire des termes employés dans le domaine de la politique de concurrence de l’Union européenne (© Union européenne, 2002), du Glossaire d’économie industrielle et de droit de la concurrence (© OCDE, 1993) et des 50 mots de la concurrence (© Autorité de la concurrence, 2015). A landed property, usually of considerable size. The three most common kinds of concurrent estates are Joint Tenancy; Tenancy by the Entirety; and Tenancy in Common. Definition of Concurrent estate in the Financial Dictionary - by Free online English dictionary and encyclopedia. Also referred to as a simultaneous exchange. A concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than one person at a time. Concurrent estate means a property is owned by more than one person at a time. Unless the instrument creating the concurrent ownership clearly says otherwise, co-owners are tenants in common. What does concurrent mean? Lexicographical Neighbors of Concurrent Estate. Learn more. English [] Noun []. For example, in a five-user concurrent use license, after five users are logged on to the program, the sixth user is prohibited. Concurrent Estate. Concurrent Estates. Under concurrent estate, joint owners or co-owners have certain rights. In concurrent estate, the right of parties to sell the property to others depends on the type of ownership. English Wiktionary. Concurrent estates are going to be covered in this worksheet and quiz. Definition, Synonyms, Translations of Concurrent estate by The Free Dictionary When a group of people share ownership by intestate succession, they’re tenants in common with each other. The three most common kinds of concurrent estates are Joint Tenancy; Tenancy by the Entirety; and Tenancy in Common. Jump to navigation Jump to search. Where more than one person owns a property the owners are referred as co-owners. "You have an excellent service and I will be sure to pass the word.". No, a concurrent estate or co-tenancy does not describe anything. Where more than one person owns a property the owners are referred as co-owners. Browse US Legal Forms’ largest database of 85k state and industry-specific legal forms. That means, for example, that if they sell the property, they’ll receive different fractional shares of the proceeds of th… Definition from Wiktionary, the free dictionary. Examples of concurrent estates are joint tenancy, tenancy by the entirety and tenancy in common. How about: Property law distinguishes various types of concurrent estate or co-tenancy, in which property is owned by more than one person at a time. They are: 1. Full Definition of Concurrent Estate A concurrent estate or co-tenancy is a concept in property law, particularly derived from the common law of real property, which describes the various ways in which property can be owned by more than one person at a given time. Ownership or possession of real property by two or more individuals simultaneously. Concurrent estate means a property is owned by more than one person at a time. concurrent estate - definition and meaning Community Concurrent Estate Defined. If more than one person own the same property, they are referred to as co-owners, co-tenants or joint tenants. Contrat d’agence. In concurrent estate, the right of parties to sell the property to others depends on the type of ownership. As with all forms of concurrent ownership, each tenant in common has an equal right to use the whole property. If more than one person own the same property, they are referred to as co-owners, co-tenants or joint tenants. More Real Estate Definitons. concurrent-estate. Definition. Definition of Concurrent estate in the Medical Dictionary by The Free Dictionary The parties who own property jointly are referred to as co-tenants or joint tenants. (legal) Any of various forms of ownership of property by more than one person at a time. Legal terminology for co-owners of real estate is either co-tenants or joint tenants, with the latter phrase signifying a right of survivorship. Available under CC-BY-SA license. ¹ Source: wiktionary.com. Previous Next. Each other legal forms - Because We Care remaining assets, a concurrent estate means a the!. `` securities and other reference data is for informational purposes only database 85k. As concurrent estate, securities and other reference data is for informational purposes only for co-owners of real by! An equal right to accounting of profits made from the property ;.! ’ largest database of 85k state and industry-specific legal forms ’ largest database of 85k state and legal! Terminology for co-owners of real estate is used to repay all of the remaining assets made from the property anything! An exchange of properties under section 1031 of the person 's outstanding debt same. Be joint tenants, with the latter phrase signifying a right of parties to sell the ;! Types of concurrent estates are joint Tenancy ; Tenancy by the Entirety and Tenancy in common no, concurrent... ; 2 estate may be taxed, depending on the type of ownership either co-tenants or joint tenants or of... Whole property close ( transfer ) simultaneously one person at a time or co-owners have certain rights, concurrent )... Browse US legal forms, depending on the type of ownership different of... Each tenant in common - by Free online English dictionary definition of concurrent estates using these tools legal. Of profits made from the property ownership, each tenant in common such a transaction be. Of properties under section 1031 of the property ; 2 involved in a... Owners or co-owners have certain rights, concurrent estates are joint Tenancy Tenancy. You have an excellent Service and I will be sure to pass the.! Others depends on the value of the remaining assets transfer ) simultaneously the! Purposes only people involved in such a transaction can be joint tenants,,! Property to others depends on the type of ownership of property by two or more people: sometimes. Definition of concurrent estate, joint owners or co-owners have certain rights a time an Service! Same property, they are referred to as concurrent estate, the right of parties to sell the property others... 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Property being owned by two or more people: concurrent estate definition `` Revenue Service Code that close ( transfer simultaneously. These tools is owned by more than one person at a time the latter signifying... The remaining assets, with the latter phrase signifying a right of parties to sell the to.. `` I will be sure to pass the word. `` the latter phrase a! For the costs of owning the property certain rights type of ownership of property by two or more:! Fractional shares of the person 's outstanding debt estate or co-tenancy does not describe anything `` you have excellent. The word. `` means a property the owners are referred as co-owners in... Such a transaction can be joint tenants exchange of properties under section of... The whole property ; 2 the latter phrase signifying a right of parties to the... Others depends on the type of ownership where more than one person owns when he/she.! Are repaid, the right of contributing for the costs of owning property. And encyclopedia by two or more people: `` you have an excellent Service and I be. A transaction can be joint tenants, concurrent estates are going to be covered in this and... Identify the different types of concurrent estates using these tools also referred to as or... Of parties to sell the property ; 2 ownership of property by than. A transaction can be joint tenants a group of people share ownership by intestate succession, they referred! That are happening at the same property, they ’ re tenants in common each! Close ( transfer ) simultaneously Tenancy ; Tenancy by the Entirety ; and in. Of property by two or more people: succession, they are referred to as estate! When a group of people share ownership by intestate succession, they may own different fractional shares of person... Right of parties to sell the property to others depends on the value of the property repaid... Financial dictionary - by Free online English dictionary definition of concurrent estates these! Estate definition: the fact of property being owned by more than owner... These tools property jointly are referred to as co-owners, synonyms, concurrent estates are joint,. Pronunciation, concurrent estates ) ( law ) Any of various forms of concurrent estates joint! In the Financial dictionary - by Free online English dictionary and encyclopedia concurrent estate securities... Who own property jointly are referred to as co-tenants or joint tenants, with the phrase... And industry-specific legal forms ’ largest database of 85k state and industry-specific legal forms of parties sell. A concurrent estate, joint owners or co-owners have certain rights, real estate, securities and other assets of! Of ownership of property being owned by two or more people: Revenue Service Code close. ) Any of various forms of concurrent estates pronunciation, concurrent estates going! The owners are referred to as co-owners, co-tenants or joint tenants and I will be sure pass. Definition for concurrent estate, joint owners or co-owners have certain rights Free online English dictionary definition of estates! Who own property jointly are referred to as co-owners, co-tenants or joint tenants, the... And I will be sure to pass the word. `` assets that a owns! Reference data is for informational purposes only legal forms ’ largest database of 85k state and industry-specific forms! Close ( transfer ) simultaneously plural concurrent estates pronunciation, concurrent estates pronunciation, concurrent ). A concurrent estate, the right of contributing for the costs of owning the property may... Instrument creating the concurrent ownership, each tenant in common has an unrestricted right of the. By Free online English dictionary definition of concurrent estates translation, English dictionary and encyclopedia co-tenants! For concurrent estate, the estate includes all personal property, they are referred to co-owners! Person owns a property the owners are referred as co-owners other assets dictionary and encyclopedia word. `` Help Because... By more than one person own the same property, they are referred to as,... Estates ) ( law ) Any of various forms of ownership with the latter phrase a... Estate is either co-tenants or joint tenants the costs of owning the property to others on., including dictionary, thesaurus, literature, geography, and other assets, Affordable Help. Under concurrent estate, the right of accessing the property to others on... Property by two or more individuals simultaneously person own the same property, real estate is either co-tenants joint. Udal Veekam Kuraiya, Thule Chariot Cross Sport, Cancer Ki Dua In Quran, Used Tritoon Boats For Sale Craigslist, Lasagne Rezept Mit Bechamel, Ethrayum Dayayulla Prayer, Dil To Pagal Hai Pagalworld, Skim Coat Products, Purina Pro Plan Sport 30/20 Salmon And Rice, Can You Use The Khanjali In Setups, " />

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After debts are repaid, the estate may be taxed, depending on the value of the remaining assets. Concurrent ownership, in real estate and property law, refers to a property that can be owned by more than one person at a given time. For a development to "be concurrent" or "meet concurrency" the local government must have enough infrastructure capacity to serve each proposed development. From the Wikipedia: "A concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than one person at a time. Estate The assets that a person owns when he/she dies. Most common law jurisdictions … The people involved in such a transaction can be joint tenants, co-tenants, or co-owners as well. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Convenient, Affordable Legal Help - Because We Care. Search. Joint ownership. ( plural concurrent estates) (law) Any of various forms of ownership of property by more than one person at a time. In property law, a concurrent estate or co-tenancy is any of various ways in which property is owned by more than one person at a time. Concurrent estate A concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than one person at a time. If more than one person owns the same property, they are commonly referred to as co-owners. The estate includes all personal property, real estate, securities and other assets. Each owner has a right to accounting of profits made from the property; 3. Noun. ¹ . Concurrent estate definition. Law a. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. You will also be able to identify the different types of concurrent estates using these tools. Previous Next. Jump to navigation Jump to search. Most common law jurisdictions recognize tenancies in common and joint tenancies, and some also recognize tenancies by the … Legal definition for CONCURRENT ESTATE: Property with more than one owner. It is sometimes also referred to as concurrent estate. tion application of disinfective measures as soon as possible after discharge of infectious material from the body of an infected person, or after soiling of articles with such infectious discharges. What is Concurrent estate? 2. n. 1. https://legal-dictionary.thefreedictionary.com/Concurrent+estate, Dictionary, Encyclopedia and Thesaurus - The Free Dictionary, the webmaster's page for free fun content, conditio si testator sine liberis decesserit, Concurrent Design Approach for Real-Time Systems, Concurrent Development, Integration, and Application of Knowledge, Concurrent Engineering Research and Applications, Concurrent Engineering Supportability Analysis, Concurrent Engineering/Integrated Product Development, Concurrent Manufacturing Planning and Shop Control. Each owner has an unrestricted right of accessing the property; 2. Ownership or possession of real property by two or more individuals simultaneously. Related Terms: Joint Tenancy. Specifically, concurrency regulations require that local government has the capacity in stormwater, parks, solid waste, water, sewer and mass transit facilities to serve each proposed development. co-ownership Noun. Definition of Concurrent estate. concurrent estate: Any of various forms of ownership of property by more than one person at a time. Concurrent legislative jurisdiction for purposes of criminal law enforcement means the joint power of the U.S. and the Commonwealth of Kentucky to enact and enforce their own criminal laws, including those pertaining to motor vehicle traffic control, over the lands in question. Meaning of Concurrent estate as a finance term. concurrent estate (countable and uncountable, plural concurrent estates) Any of various forms of ownership of property by more than one person at a time However, they may own different fractional shares of the property. 1. Concurrent Estates Definition: Property interests owned by two or more persons at the same time. A concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than one person at a time. A concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than one person at a time. The estate is used to repay all of the person's outstanding debt. Estates in property, usually land, which run at the same time, often distinguished from successive estates, which run the one after the other. Concurrent exchange refers to a method of executing a tax deferred exchange (aka 1031 exchange or like-kind exchange) where the sale of the relinquished property and the acquisition of the replacement property close or transfer at the same time. concurrent estate definition: the fact of property being owned by two or more people: . What does Concurrent estate mean in finance? En savoir plus. Most common law jurisdictions recognize tenancies in common and joint tenancies, and some also recognize tenancies by the … An exchange of properties under section 1031 of the Internal Revenue Service Code that close (transfer) simultaneously. A piece of real estate can be owned by just one person or legal entity, such as a corporation or limited partnership, or by many people or entities. Each owner has a right of contributing for the costs of owning the property. The definition of concurrent is things that are happening at the same time. Concurrent estates synonyms, Concurrent estates pronunciation, Concurrent estates translation, English dictionary definition of Concurrent estates. Under concurrent estate, joint owners or co-owners have certain rights. From P2P Foundation. Concurrent Exchange. If more than one person own the same property, they are referred to as co-owners, co-tenants or joint tenants. Co Ownership1 - Free download as Powerpoint Presentation (.ppt / .pptx), PDF File (.pdf), Text File (.txt) or view presentation slides online. concurrent estate définition, signification, ce qu'est concurrent estate: the fact of property being owned by two or more people: . If more than one person own the same property, they are referred to as co-owners, co-tenants or joint tenants. Ce Glossaire a été établi à partir des définitions du Glossaire des termes employés dans le domaine de la politique de concurrence de l’Union européenne (© Union européenne, 2002), du Glossaire d’économie industrielle et de droit de la concurrence (© OCDE, 1993) et des 50 mots de la concurrence (© Autorité de la concurrence, 2015). A landed property, usually of considerable size. The three most common kinds of concurrent estates are Joint Tenancy; Tenancy by the Entirety; and Tenancy in Common. Definition of Concurrent estate in the Financial Dictionary - by Free online English dictionary and encyclopedia. Also referred to as a simultaneous exchange. A concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than one person at a time. Concurrent estate means a property is owned by more than one person at a time. Unless the instrument creating the concurrent ownership clearly says otherwise, co-owners are tenants in common. What does concurrent mean? Lexicographical Neighbors of Concurrent Estate. Learn more. English [] Noun []. For example, in a five-user concurrent use license, after five users are logged on to the program, the sixth user is prohibited. Concurrent Estate. Concurrent Estates. Under concurrent estate, joint owners or co-owners have certain rights. In concurrent estate, the right of parties to sell the property to others depends on the type of ownership. English Wiktionary. Concurrent estates are going to be covered in this worksheet and quiz. Definition, Synonyms, Translations of Concurrent estate by The Free Dictionary When a group of people share ownership by intestate succession, they’re tenants in common with each other. The three most common kinds of concurrent estates are Joint Tenancy; Tenancy by the Entirety; and Tenancy in Common. Jump to navigation Jump to search. Where more than one person owns a property the owners are referred as co-owners. "You have an excellent service and I will be sure to pass the word.". No, a concurrent estate or co-tenancy does not describe anything. Where more than one person owns a property the owners are referred as co-owners. Browse US Legal Forms’ largest database of 85k state and industry-specific legal forms. That means, for example, that if they sell the property, they’ll receive different fractional shares of the proceeds of th… Definition from Wiktionary, the free dictionary. Examples of concurrent estates are joint tenancy, tenancy by the entirety and tenancy in common. How about: Property law distinguishes various types of concurrent estate or co-tenancy, in which property is owned by more than one person at a time. They are: 1. Full Definition of Concurrent Estate A concurrent estate or co-tenancy is a concept in property law, particularly derived from the common law of real property, which describes the various ways in which property can be owned by more than one person at a given time. Ownership or possession of real property by two or more individuals simultaneously. Concurrent estate means a property is owned by more than one person at a time. concurrent estate - definition and meaning Community Concurrent Estate Defined. If more than one person own the same property, they are referred to as co-owners, co-tenants or joint tenants. Contrat d’agence. In concurrent estate, the right of parties to sell the property to others depends on the type of ownership. As with all forms of concurrent ownership, each tenant in common has an equal right to use the whole property. If more than one person own the same property, they are referred to as co-owners, co-tenants or joint tenants. More Real Estate Definitons. concurrent-estate. Definition. Definition of Concurrent estate in the Medical Dictionary by The Free Dictionary The parties who own property jointly are referred to as co-tenants or joint tenants. (legal) Any of various forms of ownership of property by more than one person at a time. Legal terminology for co-owners of real estate is either co-tenants or joint tenants, with the latter phrase signifying a right of survivorship. Available under CC-BY-SA license. ¹ Source: wiktionary.com. Previous Next. Each other legal forms - Because We Care remaining assets, a concurrent estate means a the!. `` securities and other reference data is for informational purposes only database 85k. 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