Concurrent Ownership | Real Estate Glossary

Definition of "Concurrent ownership"

Ownership in property by two or more persons at the same time.

Diagram used in property insurance to locate the geographical area in which risks reside. Maps are a ...

Sheet metal, often made of aluminum, used to cover a structure's open masonry or wood joints. The pu ...

Unfulfilled action where something remains to be done in order to complete it. ...

Premium rate charged by the insurance company (insurer), which is below the standard rate. ...

Mortgage for an extended time period (e.g., 25 years) Type of real estate investment trust (REI ...

Camera and related equipment coverage found in inland marine insurance. ...

An agent hired by buyers to help them find and negotiate the purchase of a home. This agent works fo ...

A life insurance policy can help enable your family to remain financially if you or your spouse shou ...

A home warranty is a guarantee for certain features of a new home-for instance, the materials and wo ...

A foreclosure is the legal process by which a mortgage property is seized due to default and then so ...

Cooperative is a form of home ownership in which you own shares in a corporation. In return for the ...

An index is an economic indicator used to set the rate for adjustable-rate mortgages. ...

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