The village
wants joint ownership of the site because it uses the wetlands for flood control, making an intergovernmental agreement with the park district necessary.
Not exact matches
If you are buying with family and friends you'll
want to pay attention to the type of
ownership, and the are two basic types:
joint tenancy and tenancy in common.
You may
want to consider however, the benefit of
joint ownership of the investments!
Maybe you
want to make certain assets
joint property, or revert it back to individual
ownership.
Couples who are divorcing or dissolving their civil partnership may
want to change the
ownership of their property from
joint tenants (or common owners with a survivorship destination, in Scotland) to tenants in common (or common owners, in Scotland).
All of the owners of the property are named in the partition lawsuit, with the
joint owner (or owners) that
want to dissolve the shared
ownership serving as plaintiff, or petitioner, with the remaining owners in the role of defendant, or respondent.