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coparcenary

 
Dictionary: co·par·ce·nar·y   (kō-pär'sə-nĕr'ē) pronunciation

n., pl., -ies.
  1. Joint inheritance or heirship of property. Also called parcenary.
  2. Joint ownership.
coparcenary co·par'ce·nar'y adj.

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Law Dictionary: Coparcenary
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At common law, the estate of two or more females inherited from a common ancestor in default of male heirs. The rights of coparceners were in the nature of a joint tenancy in that they could sue and be sued jointly in regards to the property, but were in the nature of a tenancy in common in that no right of survivorship existed. Moynihan, Introduction to the Law of Real Property §8 (3d ed. 2002).

Wikipedia: Coparcenary
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Coparcenary is the concept whereby two or more people inherit a title equally between them as a result of which none can inherit until all but one have renounced their right to the inheritance. This arises when a title passes through and vests in female heirs in the absence of a male heir. Before they inherit, each of the females heirs would be an heir presumptive. After they inherit, since the title cannot be held by two people simultaneously, two daughters (without a brother) who inherit in this way would do so as co-parceners. In these circumstances, the title would in fact be held in abeyance until one of them renounced for herself and her successors in favour of the other. In England & Wales, passage of a title in this fashion is effected under the rules laid down in the Law of Property Act 1925.

The term coparcenary is not in use in the United States, joint heirship being considered as tenancy in common.

This article incorporates text from the Encyclopædia Britannica, Eleventh Edition, a publication now in the public domain.


 
 
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Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved.  Read more
Law Dictionary. Law Dictionary. Copyright © 2003 by Barron's Educational Series, Inc. All rights reserved.  Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Coparcenary" Read more