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.
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Single ownership means ownership by an individual, partnership, corporation, lim-
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Single ownership means ownership by an individual, part-
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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.
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Single ownership means the proprietary interest of a Landowner, as herein defined.
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Single ownership means the proprietary interest of a single landowner or person.
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Single ownership means holding record title, possession under a contract
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Single ownership means a person or group of persons who either singularly or jointly own a contiguous unit area of land.
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Related to Single ownership

  • Common ownership means that more than 50% of the voting control of each member of a combined group is directly or indirectly owned by a common owner or owners, either corporate or non-corporate, whether or not the owner or owners are members of the combined group. Whether voting control is indirectly owned shall be determined in accordance with section 318 of the federal Internal Revenue Code, 26 U.S.C. s.318.

  • Joint Ownership - (also known as equity JVs) means the establishment by two parent companies of a child company for a specific task within which both parent companies invest in order to overcome the limited capabilities vested within them in order that they can both benefit from the combined investment.

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Constructive Ownership means ownership of Shares by a Person, whether the interest in the Shares is held directly or indirectly (including by a nominee), and shall include interests that would be treated as owned through the application of Section 318(a) of the Code, as modified by Section 856(d)(5) of the Code. The terms “Constructive Owner,” “Constructively Owns” and “Constructively Owned” shall have the correlative meanings.

  • Residual Ownership Interest Any record or beneficial interest in the Class R Certificates.