There are multiple definitions - click on the translation that matches your context.

felles eiendom

uttrykk

full

joint property

noun

Definitions of joint property

English

real property (=land and buildings etc) that is owned by two or more people together

The area is the joint property of the fishermen and they use it for community and family events.

English

money, personal property, or other assets owned by two or more people together

The money seized is the joint property of the model and her brother.