Back to Glossary of Terms

Definition for

Tenancy in Common

Ownership by two or more persons who hold undivided interests, without right of survivorship; interests need to not be equal. A type of co-ownership of real property; a holding of an estate in land by two or more persons, each being entitled to possession of the property according to his proportionate share; distinct from a joint tenancy in that there is no right of survivorship in a tenancy in common.

Not what you're looking for?

Check out other glossary terms or Send us a Message and we're happy to answer your questions!