Outrageously Funny Word Dictionary :: Coannexing

👉 A coannexing is a legal procedure in which two or more parties, often landlords and tenants, enter into a joint agreement to divide ownership of a property. The purpose of this process is to clarify the boundaries between the landlord and tenant's rights and responsibilities. In a coannexing proceeding, both parties must agree on the terms of the division of the property. This typically involves dividing the property into smaller, more manageable units that each party can manage independently without interference from the other.

coannexing