Co-Owner

AAA

DEFINITION of 'Co-Owner'

An individual or group that shares ownership in an asset with another individual or group. The co-owner of an asset owns a percentage, though the amount may vary according to the ownership agreement. The rights of each owner are typically defined in accordance with a contract or written agreement, which include treatment of revenue and tax obligations.

INVESTOPEDIA EXPLAINS 'Co-Owner'

The relationship between co-owners can vary, and the financial and legal obligations depend on the benefits each party ultimately look to receive.. For example, in real estate, the parties involved may operate under a Joint Tenancy or Tenancy In Common.

RELATED TERMS
  1. Joint Tenancy

    A type of property right where two or more people own or rent ...
  2. Co-mortgagor

    A party or individual who cosigns a mortgage loan. Co-mortgagors ...
  3. Beneficial Owner

    1. A person who enjoys the benefits of ownership even though ...
  4. Business Model

    The plan implemented by a company to generate revenue and make ...
  5. Tenancy In Common

    A way for two or more people to have equal ownership interests ...
  6. Service Mark

    A brand name or logo that identifies the provider of a service. ...
Related Articles
  1. Holding Titles On Real Property
    Retirement

    Holding Titles On Real Property

  2. The Benefits And Pitfalls Of Joint Tenancy
    Personal Finance

    The Benefits And Pitfalls Of Joint Tenancy

  3. Knowing Your Rights As A Shareholder
    Investing Basics

    Knowing Your Rights As A Shareholder

  4. What Owning A Stock Actually Means
    Investing Basics

    What Owning A Stock Actually Means

Hot Definitions
  1. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  2. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  3. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  4. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  5. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
  6. Call Risk

    The risk, faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem ...
Trading Center