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PROPERTY LAW ACT 1974 - SECT 33 Forms of co-ownership

PROPERTY LAW ACT 1974 - SECT 33

Forms of co-ownership

33 Forms of co-ownership

(1) Any property and any interest, whether legal or equitable, in any property may be held by 2 or more persons—
(a) as joint tenants; or
(b) as tenants in common.
(2) Any 2 or more persons acquiring land after the commencement of this Act in circumstances in which, but for the passing of this Act, they would have acquired the land as coparceners shall acquire such land as tenants in common and not as coparceners.