tenancy in common

noun Law.
a holding of property, usually real, by two or more persons with each owning an undivided share and with no right of survivorship.
Compare joint tenancy.


Origin:
1760–70

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Example sentences
There are three types of shared concurrent ownership: tenancy in common, joint tenancy, and tenancy by the entirety.
In joint tenancy and tenancy in common, each tenant owns an undivided equal interest in the property.
Tenancy in common is a different way for two or more people to own property.
Extent of undivided interests in tenancy in common.
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