cotenant cotenant

Definition(s):

  • (n) one of two or more tenants holding title to the same property

News

  • Estate Planning: New exclusion from reassessment for co-owners

    California has enacted a new statutory exclusion from change in ownership for local tax assessments that protects certain cotenants (co-owners) from reassessment at the death of a cotenant. Real property that has been held for a long time is often taxed at a lower value than it would be if its value was reassessed to its current value.   Let us examine the new exclusion, how it fits in with ...
    on June 8, 2013     Source: Lake County News

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forsake forsake
/fɔr ˈseɪk /