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Administrators of Team Foundation version control can configure source control check-out settings. Check-out settings in Team Foundation version control enable files to be edited by more than one person at the same time. The following procedure shows you how to configure check-out settings.
To configure check-out settings, you must have the Edit project-level information set to Allow. For more information, see Team Foundation Server Permissions.
To configure checkout settings
In Team Explorer, select the team project for which you want to configure check-out settings.
From the Team menu, click Team Project Settings, and then click Source Control.
In the Source Control Settings dialog box, select the Check-out Settings tab.
Select or clear the Enable multiple checkout box.
Select or clear the Enable get latest on check-out box.