What type of property ownership involves two or more persons holding title together?

The term encompasses any scenario where two or more individuals jointly hold title to a property, making "co-ownership" the overarching concept that describes this arrangement. This classification includes specific forms of co-ownership, such as "joint tenancy" and "tenants in common," which define particular rights and obligations regarding the ownership interest.

In the realm of real estate, co-ownership effectively signifies that multiple parties have legal rights over a property, enabling shared enjoyment, responsibilities, and potential liabilities. This type of ownership is particularly relevant in real estate transactions where partners or groups of individuals invest together, such as in partnerships, family properties, or joint ventures.

While specific forms like "tenants in common" and "joint tenancy" have distinct legal implications regarding inheritance rights and the ability to transfer ownership, the broader term "co-ownership" captures all joint ownership arrangements, thus making it the most accurate choice for the question posed. Sole ownership, in contrast, pertains to a single individual holding the title, which does not involve the shared title aspect critical to the question.