estate in partnership – a joint estate that is vested in the members of a partnership when real estate is purchased with partnership funds and for partnership purposes

     This page is continued from Property >>>> Tenancy >>>> Various Forms of Tenancy >>>> Types of Cotenancy  >>>> Joint Estate (Tenancy):

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estate in partnership:
(1913)

1. A joint estate that is vested in the members of a partnership when real estate is purchased with partnership funds and for partnership purposes. [1]

References:

Disclaimer: All material throughout this website is compiled in accordance with Fair Use.

[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4

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