Commonhold is a way for people to own their own homes together. It allows people to buy a property jointly and each person would own a piece, or 'unit', of the property. They would have a say in how the property is managed and be responsible for any costs or maintenance. Each person would have the right to sell their own unit and use the money they make from it. By doing this, the group of people can share the costs, risks, and benefits of owning a place together.