Tenancy in common definitions

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tenancy in common

tenancy in common logo #21214n. title to property (usually real property, but it can apply to personal property) held by two or more persons, in which each has an "undivided interest" in the property and all have an equal right to use the property, even if the percentage of interests are not equal or the living spaces are different sizes. Unlike "joint tenancy," there is no "r...
Found on http://dictionary.law.com/Default.xhtml?selected=2103

tenancy in common

tenancy in common logo #21003(from the article `property law`) The two most commonly recognized forms of co-ownership in Anglo-American jurisdictions are joint tenancy and tenancy in common. In both forms each ...
Found on http://www.britannica.com/eb/a-z/t/24

Tenancy in common

Tenancy in common logo #20912The joint beneficial ownership of property in specified (not necessarily equal) shares where, if one tenant in common dies, his share passes to his heirs. Although called a tenancy, this has nothing to do with leases.
Found on http://www.encyclo.co.uk/local/20912

Tenancy in common

Tenancy in common logo #20965Is a form of ownership where two or more owners hold an undivided, but not necessarily equal, interest in the property, with no right of survivorship.
Found on http://www.encyclo.co.uk/local/20965

Tenancy In Common

Tenancy In Common logo #21213It is the ownership of the personal or real property held by two or more people, not neccesarily spouses or family members, and may be having unequal shares in terms of the size of the property. Still, all the different owners have equal rights to the property and have right to sell, purchase orm develope their share of ownership without the consen...
Found on http://www.encyclo.co.uk/local/21213

Tenancy in common

Tenancy in common logo #10444A way in which two people can own property together with no rights of survivorship. Should either die, the deceased's share of the property will pass through his or her estate, not to the survivor.
Found on http://www.encyclo.co.uk/visitor-contributions.php

Tenancy in common

Tenancy in common logo #20671A situation where two or more people own land/property. In the event of the death of one of the... <a target=_blank href='http://www.finance-glossary.com/terms/tenancy-in-common.htm?id=1423&ginPtrCode=00000&PopupMode=false' title='Read full definition of tenancy in common'>more</a>
Found on http://www.finance-glossary.com/pages/home.htm

Tenancy In Common

Tenancy In Common logo #21212A type of joint ownership that allows a person to sell his share or leave it in a will without the consent of the other owners. If a person dies without a will, his share goes to his heirs, not to the other owners.
Found on http://www.lectlaw.com/def2/t016.htm

Tenancy In Common

Tenancy In Common logo #22642A way two or more people can own property together, in unequal shares. Each has an undivided interest in the property, an equal right to use the property, and the right to leave his or her interest upon death to chosen beneficiaries instead of to the other owners (as is required with joint tenancy). In some states, two people are presumed to own pr...
Found on http://www.nolo.com/dictionary/tenancy-in-common-term.html

tenancy in common

tenancy in common logo #22318Form of legal co-ownership of property in which survivors, when one of the owners dies, do not have rights to decedent's shares of the property. Compare joint tenancy.
Found on http://www.pacourts.us/learn/legal-glossary

Tenancy-in-Common

Tenancy-in-Common logo #21071- Co-ownership of property. In a valid tenancy-in-common, a deceased co-owner's title passes to his or her heirs without being included in the estate of the deceased co-owner.
Found on https://www.encyclo.co.uk/local/21071
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