0 a person who owns something such as a house or a company together with another person, or other people: --
He is co-owner of a construction company, based in Caracas.
the co-owners of a condominium
One co-owner was a self-employed building worker whose business, unfortunately, went bankrupt.
But other co-owner-ship schemes—more generally referred to as community leasehold schemes—where individual mortgages are taken out on a long-lease basis, would qualify.
The new co-owner will have to acquire the outgoing co-owner's share.
There would be better social variety in the co-owner ship of properties and the housing associations, with houses for owner-occupation and for renting.
Clause 4 seeks to cover the situation in which a wife is co-owner or joint tenant of the property.
That interest as co-owner will prevail in an insolvency and give protection to commercial and private buyers alike.
I understand that to date three co-owner-ship societies have successfully completed the sale of their properties.
Yet if one turns the same accommodation into a co-owner-ship society, that society can get the option mortgage and so the rents come down.