The Conclusion recapitulates the lessons of the comparative, empirical, and economic analyses and points out future directions that enable us to even better test the grand property theories and understand property legal systems around the word.

This chapter considers the principles applying to co-ownership, the situation where one or more persons or entities jointly owns property. It begins by examining joint tenancies and tenancies in common and the way such interests are created, the various obligations and rights attending to each and how co-ownership may be terminated. With the recent increase in apartment-style living in Australia’s larger cities, new forms of co-ownership were called for. The response was, first, the creation of company title and, from the 1960s onwards, new legislative forms of title reflected through the creation of strata and community title. These forms of co-ownership and the legislative regimes which underpin them form the focus of the second half of this chapter. In bringing together the legal framework governing co-ownership and the specific legislative regimes which apply to community living , this chapter draws together the law in relation to community of ownership in larger perspective and in one place, enabling an appreciation of this area of property law’s development as a response to changing social, commercial and community conditions.