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Joined: September 28, 2010  (email not validated)
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Both are correct grammar. However, their meanings differ.

"is previous" - John used to own it, but no longer does.
"was previous" - John used to own it, but is now deceased. Implied is that John likely divested his ownership prior to death.

Alive, Owner: "is owner"
Alive, Past Owner: "is previous owner"
Decease, Past Owner: "was previous owner"

David September 28, 2010, 8:10pm

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