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tenancy in common

noun, Law.
1.
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
1760-1770
1760-70
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for tenancy in common
  • 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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