Joint Ownership Certificate

A joint ownership certificate is an official DLD document evidencing shared property ownership by two or more parties, specifying individual ownership percentages and registered on the title deed.

Ownership StructureDetails
Percentage allocationCan be equal or unequal shares
RegistrationRecorded on title deed
Transfer rightsAll owners must consent to sale
MortgageRequires all owners' approval
Common ApplicationsUse Case
Spouse co-ownershipFamily property holding
Investment partnersJoint venture structures
Inheritance planningFacilitate succession
Corporate structuresMultiple entity ownership
ImplicationsEffect
Service chargesSplit per ownership percentage
Rental incomeDistributed per ownership share
Sale proceedsDivided per registered shares
Decision-makingUnanimous consent typically required

Related Terms

Title Deed (Dubai)Interim Registration (Oqood vs. Title Deed)Inheritance Law (UAE/DIFC Wills)Corporate OwnershipTenancy in Common

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