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Investors & landlords
@michaelcottier wrote:
Ok well I am the property owner, but the renter is another person listed on the deed. So I guess that means that they would be considered an owner as well then?
Yes. Co-owners have an undivided interest in the property.
For example, if you and one other individual are co-owners, then by default each of you owns a 50% interest in the property (absent an agreement otherwise) but also have the right to possession of the whole. In other words, neither one of you can legally exclude the other from possessing any part of the entire property.
That is nothing other than basic real estate law.
‎September 26, 2024
9:07 AM