Definition of "Cotenancy"

Nicholas  Tselepis & Alexandra "Alexa" Constandinou real estate agent
Nicholas Tselepis & Alexandra "Alexa" Constandinou, Real Estate Agent Nicholas Real Estate Agency

When two or more individuals simultaneously have rights in a property unit (e.g., apartment),. The individuals sharing the property have legal privileges and responsibilities to each other. Before a cotenant is accepted, careful consideration should be given because problems may arise.


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