In fact, as noted by Howard and Nabanoga (2007), tenure is more than just legal ownership, it creates beneficiaries and victims based on how ownership is divided and how power relations accompany that ownership.
In January 2011 the Chinese city of Tianjin opened an "art exchange" in which artworks' ownership is divided into tradable shares.
Donald Vaughan, a real estate lawyer in Boston, said difficulties can arise after a few generations, when ownership is divided among children and grandchildren who may not be as close — either emotionally or geographically — as the original owners.
He abolished debt bondage, limited land ownership, and divided the citizen body into classes with different levels of wealth and corresponding financial obligations.
The effect of this may be to create other property interests in the object, so that the various liberties, rights and powers of ownership are divided among several individuals.
Investors in ETFs are not exposed directly to the assets, but indirectly own them as their ownership is divided into shares and they are remunerated by the pay-offs that are usually a proportion of profits or a residual value when the fund is liquidated.
The home of Coleridge in 1800 04 and Southey from 1803 until 1843, it later became part of Keswick School and is now in private ownership, partly divided into holiday flats.
In Colorado, as in many states, land ownership is divided between two sets of owners: the owners of the aboveground land and the owners of the underground land, and in this case, the minerals, oil and natural gas that may be contained within the ground.
In other parts of Europe, lack of finance, complex land ownership and divided public opinion made radical replanning after disaster too difficult: after 1666, London was rebuilt on its ancient plan, though new extensions to the west were partially on a grid system.
