co-tenancy
[/koʊˈtɛnənsi/]
nounpl: co-tenancies
co-locação; condomínio de uso; ocupação conjunta
1. A rental arrangement where two or more tenants share a single lease agreement for the same property or unit
The co-tenancy agreement specified that both parties were equally responsible for rent payments.
O acordo de co-locação especificava que ambas as partes eram igualmente responsáveis pelos pagamentos de aluguel.
2. In retail, a situation where multiple tenants occupy a single commercial property or shopping center
The shopping mall's co-tenancy clause required anchor stores to maintain occupancy for smaller businesses to thrive.
A cláusula de co-locação do shopping center exigia que as lojas âncora mantivessem a ocupação para os pequenos negócios prosperarem.
3. Joint ownership or occupation rights to a property shared between multiple parties
Their co-tenancy in the apartment meant they both had equal rights to invite guests and make decisions.
Sua co-locação no apartamento significava que ambos tinham direitos iguais de convidar convidados e tomar decisões.
Co-tenancy is particularly relevant in the USA and Brazil as an increasingly common housing solution due to rising costs. In Brazil, it's gaining prominence in urban centers like São Paulo and Rio de Janeiro where young professionals share apartments. In the USA, it's formalized in rental agreements with specific legal protections and responsibilities outlined. The concept reflects broader economic trends toward shared economy models in both countries.
NYC Slang
roommate situation; shared lease; splitting the rent
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →