Joint Ownership

B2 16+

Pronunciation: /dʒɔɪnt ˈoʊnərˌʃɪp/

Definitions of joint ownership

noun a legal arrangement where two or more individuals share ownership of a property or asset

Example Sentences

A1 My sister and I have joint ownership of our family home.

A2 Joint ownership of the business has led to disagreements between the partners.

B1 The siblings inherited the property through joint ownership after their parents passed away.

B2 Establishing joint ownership of the company required legal documentation and agreements.

C1 The joint ownership of the land was divided equally among the three investors.

C2 The joint ownership of the intellectual property rights was a complex legal matter that required expert advice.

Examples of joint ownership in a Sentence

formal The siblings entered into a legal agreement for joint ownership of the family business.

informal My friend and I are going in on joint ownership of a vacation home together.

slang Me and my buddy are going halfsies on joint ownership of a car.

figurative Their partnership was like joint ownership of a ship, navigating through the challenges together.

Grammatical Forms of joint ownership

plural

joint ownerships

comparative

more joint ownership

superlative

most joint ownership

present tense

joint ownership

future tense

will have joint ownership

perfect tense

has had joint ownership

continuous tense

is having joint ownership

singular

joint ownership

positive degree

joint ownership

infinitive

to have joint ownership

gerund

having joint ownership

participle

joint owning

Origin and Evolution of joint ownership

First Known Use: 1250 year
Language of Origin: English
Story behind the word: The term 'joint ownership' originated from English common law, where it referred to the ownership of property by two or more individuals.
Evolution of the word: Over time, the concept of joint ownership has expanded to include various forms of shared ownership, such as joint tenancy and tenancy in common, in both real estate and personal property contexts.