![Couple shaking hands with real estate agent in front of house](https://www.bankrate.com/2023/02/22093235/what-is-ownership-interest.jpg?auto=webp&fit=crop&width=230&height=150)
What does it mean to have ownership interest in a property?
Ownership interest changes based on whether you own a house outright or co-own it with others.
Erik J. Martin is a contributor to Bankrate covering personal finance, including mortgages, the housing market, home improvement and credit cards. Based in the Chicago area, he is host of the “Cineversary” podcast and blogs on Cineversegroup.com and Martinspiration.com.
In addition to Bankrate, Martin has contributed to AARP The Magazine, Tte Chicago Tribune, Reader’s Digest, The Costco Connection and USAA, among other outlets.
Ownership interest changes based on whether you own a house outright or co-own it with others.
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