Tenancy in Common and Joint Tenancy
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What are the differences between a tenancy in common & a joint tenancy?
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What are the differences between a tenancy in common & a joint tenancy?
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Tenancy in Common
A property ownership situation in which real or personal property is owned by two or more people. If one person dies, the property becomes part of the deceased co-owners estate. The ownership of the property does not transfer to the surviving owner. Tenancy in common owners do not need to be married to each other. This differs ...
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