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1. If you want to rent a jointly owned property exclusively, then you would owe half the open market rent of the property to the other joint owner. Essentially, look at what the property would fetch if rented on the open market. Then take half this value and you will have the value of the share to be attributed to the other co owner. This effectively is how a court in Northern Ireland would approach the issue.
2. If you require any clarification or if there is additional information you wish to share, I will be happy to assist further in the resolution of your question.