How is the inheritance of property under common ownership is being hold?

The property, as a rule, belongs to only one entity, which at its own discretion carries out the management of the property. However, there are cases where more than one person acts as the property owner. Persons whose ownership of the same property is owned are called co-owners. The property may be owned by more than one person, either by common ownership, or by common co-ownership. In the case of common equity ownership, the co-owners’ shares of the property are already determined.