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Legal Dictionary

tenant in common

Legal Definition of tenant in common

Generally used in plural form tenants in common

Related terms


Definition of tenant in common

Further reading

Tenancy in common is the default form of concurrent estate, in which each owner, referred to as a tenant in common, is regarded by the law as owning separate and distinct shares of the same property. By default, all co-owners own equal shares, but their interests may differ in size.

References:

  1. Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.



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