What are the ownership types in general aviation?

In general aviation, ownership types typically include sole ownership, where an individual owns the aircraft outright; partnership, where multiple individuals share ownership and costs; and fractional ownership, where multiple owners buy shares in an aircraft, allowing them to use it for a set number of hours. Additionally, there are options like lease arrangements, where individuals or companies lease aircraft for specific periods. Each type has its own benefits and considerations regarding cost, usage, and maintenance responsibilities.