tenants in common
Two or more tenants who hold an undivided interest in property but who each have a separate title to a proportional share; when a tenant in common dies, his or her share of the property goes into his or her estate.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

tenants in common
Category: Divorce & Family Law
Category: Real Estate & Rental Property → Buying a House
Category: Wills, Trusts & Estates

Nolo’s Plain-English Law Dictionary. . 2009.

Look at other dictionaries:

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  • Joint Tenants in Common - JTIC — A type of brokerage account which is owned by at least two people with no rights of survivorship afforded to any of the account holders. In this type of brokerage account, a surviving tenant of the account does not necessarily acquire the rights… …   Investment dictionary

  • in common — adverb sharing equally with another or others (Freq. 7) we have several things in common in common with other companies they advertise widely * * * phrasal 1. : that is shared, experienced, or possessed together or equally : commonly the two …   Useful english dictionary

  • common, tenants in — See tenant (tenant in common} …   Black's law dictionary

  • common, tenants in — See tenant (tenant in common} …   Black's law dictionary

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  • tenant in common — ˌtenant in ˈcommon noun tenants in common PLURALFORM [countable] LAW PROPERTY a person who shares the ownership of land or property with two or more other people * * * tenant in common UK US noun [C] (plural tena …   Financial and business terms

  • tenancy in common — UK US noun [C or U] (plural tenancies in common) PROPERTY, LAW ► a legal agreement in which two people or groups share ownership of a piece of property, but each person s share of the property is not passed automatically to the other tenant or… …   Financial and business terms

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