Single ownership definition

Single ownership means ownership by an individual, partnership, corporation, limited liability company, trust, holding company or other business entity, including the state or any political subdivision thereof. Single ownership includes ownership held under different names or titles where the same individual or individuals, or their heirs or assigns, are shareholders (other than those of public corporations whose stock is traded on the open market), partners, business trustees or officers, or otherwise have an interest in or are associated with each property.
Single ownership means ownership by an individual, partnership, corporation, lim-
Single ownership means ownership by an individual, part-

Examples of Single ownership in a sentence

  • Single ownership accounts are insured up to $250,000 and each co-owner’s share of joint accounts is insured up to $250,000.

  • Single ownership does not preclude ownership by a corporation, joint venture, or partnership with a single name identity.


More Definitions of Single ownership

Single ownership means the proprietary interest of a single individual, partnership, or corporation, or other legally recognized entity in the state.
Single ownership means the proprietary interest of a Landowner, as herein defined.
Single ownership means the proprietary interest of a single landowner or person.
Single ownership means holding record title, possession under a contract
Single ownership means a person or group of persons who either singularly or jointly own a contiguous unit area of land.