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joint ownership
(redirected from Jointly Owned Property)

    Also found in: Dictionary/thesaurus, Financial, Encyclopedia 0.01 sec.
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If a spouse or former spouse files a separate return and one, but not the other, is granted use of jointly owned property, the interest payor can deduct interest payments even if it is no longer his or her principal residence-but only if the arrangement is pursuant to a divorce or separation instrument.
Broken home: divorce and the principal residence by Stolz, David A. / Journal of Accountancy
u Make it a crime to damage jointly owned property to try to intimidate or harass a spouse or household members.
2009 LEGISLATURE; GOVERNOR TOUGHENS AUTO THEFT PENALTIES WITH NEW LAW by The Santa Fe New Mexican (Santa Fe, NM)
As an alternative, and if you simply need someone to have authority to manage your affairs temporarily or sign documents on your behalf, it is still possible to use a General Power of Attorney or a Trustee Act Power of Attorney in relation to jointly owned property.
Are your affairs in order? Alan Dawson and Julie Garbutt discuss how ... by The Journal (Newcastle, England)
 
 
 
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