noun
- Plural of cotenancy; the state or condition of being a cotenant, or the joint tenancy of a property by two or more persons.
Usage: Legal term; Plural form
Examples
- The property was divided into several cotenancies, each owned by different families.
- The lawyer explained the rights and responsibilities associated with cotenancies in the rental agreement.
- Multiple cotenancies on the same building required careful coordination among all parties.
- The cotenancies were established to allow shared ownership of the commercial space.
- Disputes often arise in cotenancies when one tenant fails to pay their share of expenses.