May 30th, 2026.
Most people have heard about co-ownership of property in a personal context (unmarried couples, friends and the bank of Mum and Dad), usually because of personal experiences or what’s in the news. What isn’t so commonly known is that the same rules apply to commercial properties (including industrial or agricultural land). More often than not, businesses will own some form of asset: plant and machinery, physical property, etc. Sometimes that property is owned by the company itself (note: a company in law is its own legal entity) and sometimes it is not, usually cropping up in partnerships or unincorporated businesses.
So, what happens if commercial property owners have a dispute and want to go their own ways?
For the full story at smallbusiness.co.uk CLICK HERE.