n Without Prejudice - Co-ownership and control : competition law
|Article Title||Co-ownership and control : competition law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Apr 2013|
|Pages||26 - 27|
Co-ownership is a well-established principle of common law, which describes the simultaneous ownership of property by two or more persons in undivided shares. The concept of ownership in undivided shares is itself also firmly rooted in our common law and denotes the sharing of rights in property, without physical division of the co-owned property. For instance, a farm is not physically divided among three co-owners, nor would each of them own one bottle of three co-owned bottles of wine. Rather, each co-owner owns an abstract undivided share in the farm and in each bottle of wine.
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