Meaning TENANCY IN COMMON
What does TENANCY IN COMMON mean? Here you find 32 meanings of the word TENANCY IN COMMON. You can also add a definition of TENANCY IN COMMON yourself

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TENANCY IN COMMON


n. title to property (usually real property, but it can apply to ...
Source: dictionary.law.com

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TENANCY IN COMMON


When two or more persons share ownership of a property with unequal interest and no right of survivorship. When one dies, that share will go to that person's heirs.
Source: atlasvanlines.com

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TENANCY IN COMMON


Tenancy in common is co-ownership that does not include the right of survivorship.
Source: worklife.columbia.edu (offline)

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TENANCY IN COMMON


A 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 up [..]
Source: nolo.com

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TENANCY IN COMMON


A form of property ownership under which two or more people have an undivided interest in the property and in which the interest of a deceased owner passes to his or her beneficiaries rather than to the surviving owners.
Source: sungardeninvestment.com (offline)

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TENANCY IN COMMON


A form of holding title, whereby there are two or more people on title to a property, ownership does not pass on to the others upon the death of one individual.
Source: golfandhome.co (offline)

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TENANCY IN COMMON


As opposed to joint tenancy, when there are two or more individuals on title to a piece of property, this type of ownership does not pass ownership to the others in the event of death.
Source: realestateabc.com (offline)

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TENANCY IN COMMON


Definition A type of joint tenancy of property without right of survivorship; each tenant's portion of ownership is distributable under will.
Source: investorwords.com

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TENANCY IN COMMON


see tenancy
Source: dictionary.findlaw.com

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TENANCY IN COMMON


One of the two main ways in which two or more persons may hold land in co-ownership (the other being a joint tenancy). Each tenant is entitled to a distinct but undivided share in the land. Note that, although having a distinct share in the land, this does not entitle the proprietor of the share to the exclusive ownership of any identifiable portio [..]
Source: financemutual.com.au (offline)

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TENANCY IN COMMON


Tenancy in common is a co-ownership arrangement that gives each owner the right to have his ownership interest transferred, upon his death, to a beneficiary. While living, both owners have an equal ri [..]
Source: mortgageloan.com

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TENANCY IN COMMON


A form of co-ownership. Upon the death of a co-owner, his or her interest passes to the designated beneficiaries and not to the surviving owner or owners.
Source: ovig.us

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TENANCY IN COMMON


Form 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.
Source: pacourts.us (offline)

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TENANCY IN COMMON


A form of holding title, whereby there are two or more people on title to a property, ownership does not pass on to the others upon the death of one individual.
Source: nauticalwavesrealty.com

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TENANCY IN COMMON


Applying to living arrangements and property, it means land shares are owned by two or more individuals. If one party expires then it becomes part of their estate, rather than automatically becoming p [..]
Source: pinningtonlaw.co.uk

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TENANCY IN COMMON


A form of property ownership under which two or more people have an undivided interest in the property and in which the interest of a deceased owner passes to his or her beneficiaries rather than to t [..]
Source: snbinvest.com

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TENANCY IN COMMON


A form of co-ownership. Upon the death of a co-owner, his or her interest passes to the designated beneficiaries and not to the surviving owner or owners.
Source: securityfirst.net

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TENANCY IN COMMON


A form of property ownership under which two or more people have an undivided interest in the property and in which the interest of a deceased owner passes to his or her beneficiaries rather than to t [..]
Source: navigationfinancial.com

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TENANCY IN COMMON


A form of co-ownership. Upon the death of a co-owner, his or her interest passes to the designated beneficiaries and not to the surviving owner or owners.
Source: scassetadvisorsjanney.com

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TENANCY IN COMMON


A form of property ownership under which two or more people have an undivided interest in the property and in which the interest of a deceased owner passes to his or her beneficiaries rather than to the surviving owners.
Source: assetgroup.us (offline)

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TENANCY IN COMMON


n. 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 equ [..]
Source: advocatekhoj.com

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TENANCY IN COMMON


A type of joint ownership allowing a person to sell his | her share or leave it in a Will, without the consent of other owners. If a person dies without a Will, the share goes to that person’s heirs, not to the other owners
Source: probatelawyers.com.au (offline)

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TENANCY IN COMMON


Ownership of property by two or more persons so that each has an undivided interest which at the death of one is passed by Will to the deceased heir’s. (It does not pass automatically to the surviving [..]
Source: guarantybankco.com

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TENANCY IN COMMON


Each tenant has a share in the entirety which does not accrue to partners on death. It may be disposed of during life or transmitted on death, either by will or according to the laws governing distribution. The shares may be equal or unequal and may be created separately.
Source: lpi.nsw.gov.au (offline)

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TENANCY IN COMMON


The most common form of ownership of rights to land held in trust for Native Americans. Tenants in common have unity of possession, which means that every owner has an equal right with their co-owners [..]
Source: iltf.org

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TENANCY IN COMMON


A form of registration, properly abbreviated as “TEN COM”, on stock certificates, which provides for undivided ownership of the property in question. Each Tenant in Common owns a percentage of the sha [..]
Source: worldwidestocktransfer.com

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TENANCY IN COMMON


A form of co-ownership. Upon the death of a co-owner, his or her interest passes to the designated beneficiaries and not to the surviving owner or owners.
Source: bdlfc.com (offline)

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TENANCY IN COMMON


A type of joint tenancy in a property without right of survivorship. Contrast with tenancy by the entirety and with joint tenancy.
Source: txlandgroup.com (offline)

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TENANCY IN COMMON


Ownership of two or more with undivided interest without the right of survivorship.
Source: wilsondeeds.com (offline)

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TENANCY IN COMMON


An estate or interest in land held by two or more persons each having equal rights of possession and enjoyment but without any right of survivorship between the owners.
Source: pfefferco.com

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TENANCY IN COMMON


a form for taking title when two or more people buy property and own it together with either equal or unequal shares; if any one of the tenants in common dies, his or her interest passes to his or her [..]
Source: sandygadow.com

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TENANCY IN COMMON


An estate held by two or more persons, each of whom has an undivided interest.
Source: asr.elpasoco.com (offline)





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