Which of the following is an example of co-ownership?

• A. A leasehold property.
• B. A timeshare property.
• C. A single-owner property.
• D. A commercial property owned jointly.

Answer: (B)

Co-ownership means more than one person holds an ownership interest in the same property. A timeshare property fits this because many people own or hold use rights to the same property and are allocated specific time periods to use it, sharing both ownership and use of the asset. A leasehold property isn’t ownership at all—you’re renting while someone else owns the property. A property with a single owner isn’t co-owned. A commercial property owned jointly would also be co-owned, but a timeshare is the clearest, most straightforward example of co-ownership in a residential context.