Ownership of a property or business by several people or organizations.
the land is currently in multiple ownership
Example sentencesExamples
- The multiple ownership of undeveloped land was common place.
- Currently in multiple ownership, the land will be acquired by agreement.
- The rules do not ban multiple ownership of pharmacies.
- It has been claimed that the regulation will wipe out joint or multiple ownership of livestock.
- The new government will carry out a land audit designed to prevent multiple ownership.