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Joint ownership is two person possessing the same thing. The apostrophe s is at the end of the last noun.

Example: Mark and Lita's computer is wonderful.

Separate ownership is two person owning the same thing but not one and each noun receives 's.

Example: Mark's and Lita's computers are new.

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Q: What is the difference of joint and separate ownership?
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What is the difference between filing married and married separate withholding payroll taxes?

Married Filing Separate will withhold a higher amount than Married Filing Joint. That is the only difference as far as withholding goes.


Can separate people have the same copyright?

Yes, copyright is a "property right" that can be simultaneously owned by multiple people, either as joint owners or as "tenants in common" ownership of some percentage.


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What is joint ownership?

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Short answer - Yes. Of course, this is dependent on the form of joint ownership, and the details of the ownership agreement.


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Can a joint tenancy be created without tenants in common?

A joint tenancy IS a form of ownership where the owners are NOT tenants in common.


What are the different types of co ownership?

The two types of co-ownership are "Joint Tenancy" agreements, and "Tenancy in Common" agreements!


Does Nebraska have joint tenancy with right of survivorship?

Yes. Joint tenancy with the right of survivorship is an available form of ownership in Nebraska.


How do more than one person be on a copyright?

Joint authors of a work are joint owners of the copyright. Also, an author or other owner of a copyright can transfer copyright ownership to any number of other joint owners. Similarly, multiple heirs of an estate may inherit joint or common ownership of the copyrights owned by the decedent.


Does using and or or' in the wording of the ownership of bank account make a difference when one owner dies?

Generally, either word will create a joint account. The balance of the account passes to the survivor and bypasses probate.


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