Joint property

Joint property

Undivided ownership of a property by a community of persons. They can only dispose of the property by unanimous decision because each has a right to the undivided property and not to quotas or shares.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Banking
Category: Investment banking
Company: UBS
Product:
Acronym-Abbreviation:

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Related terms

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