Sankaranarayanan
(Expert) 17 October 2011
we need more details about your query , you mean share in property or share( finance ) Share means rights in property and A tenancy is the occupancy or possession of land or premises by lease. The occupant, known as the tenant, must acquire control and possession of the property for the duration of the lawful occupancy. A tenancy can be created by any words that indicate the owner's intent to convey a property interest on another individual.
Querist :
Anonymous
(Querist) 17 October 2011
a person who lives on rent is sharer in property or finance.a property who is given lease is sharer in property or lease share.
prabhakar singh
(Expert) 17 October 2011
One takes any property on lease is called lessee or tenant,he does not have any title in the property of any kind execept to use that and there and to have permitted possession of that property.
One who can give the property on leases or in other words who can let it to tenant is called lessor or landlord of the property. such a lessor is owner of the property.A property can be owned either individually or in share ,when it is owned in equal share purchased by a single deed by more than one person then it is called joint and when it is bought by different people in different time then it is called co owned property.
Querist :
Anonymous
(Querist) 17 October 2011
only question is the status of lessee is of sharer or owner?
Querist :
Anonymous
(Querist) 18 October 2011
prabhakar singh ji what is meant by good show 1.does it mean status of lessee is not equal to tenant or what.whehther mr makkad is right or not?
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