Tenancy in common definition

Tenancy in common means a form of concurrent ownership of land in which two or more persons possess the land simultaneously where each person holds an individual, undivided interest in the property and each party has the right to alienate, or transfer their interest;
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Tenancy in common means ownership of real or personal property by an individual together with one or more other persons which ownership interest shall not pass by survivorship upon the death of the individual.
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Tenancy in common means vehicle ownership by two or more people without the right of survivorship.
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Examples of Tenancy in common in a sentence

  • No Change Since 1953 57-1-5 Creation of joint tenancy presumed -- Tenancy in common -- Severance of joint tenancy -- Tenants by the entirety -- Tenants holding as community property.

  • Tenancy in common" means ownership of real or personal property by an individual together with one or more other persons which ownership interest shall not pass by survivorship upon the death of the individual.

  • Status may change upon death, dissolution of mar- riage, revocation of the trustCommunity Property Community Property w/ right of survivorship Joint Tenancy Tenancy in common Partnerships Trust Arrangements Community Property Trusts Disclaimer: The comparisons shown above are provided for informational purposes only.

  • Your Guide to Purchasing your Dream Home Purchaser’s StatusEffect of DeathSuccessors’ StatusCreditor’s RightsPresumptions Community Property Community Property w/ right of survivorship Joint Tenancy Tenancy in common Partnerships Trust Arrangements Community Property Trusts Disclaimer: The comparisons shown above are provided for informational purposes only.

  • Tenancy in common Tenancy in common is recognized in Kansas and is created by a devise or grant of an undivided real estate interest to two or more people, which is not expressed in the conveyance or the deed to constitute a joint tenancy.


More Definitions of Tenancy in common

Tenancy in common means ownership of property by two or more individuals whose undivided interests in the property may not be proportionate. The owners may sell their interest without the consent of the other owners.
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Tenancy in common means ownership of property may not be equal. Each person's interest can be sold without the consent of the other owners. [Eff 3/19/93; am 2/7/94; am 8/01/94; am 12/15/95; am 11/22/96; am 01/22/02 ] (Auth: HRS §§346-14; 346-53) (Imp: HRS
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Tenancy in common means a holding of land where two or more persons have interests in the same land, accruing under different titles; or accruing under the same title, but at different periods, or conferred by words of limitation importing that the tenants are to take in distinct shares which are severable;
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Tenancy in common means a form of concurrent ownership of land in which two or more persons possess the land simultaneously where each person holds an individual,
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Tenancy in common means a form of concurrent ownership of land in which two or more persons possess the land simultaneously where each person holds an individual, undivided ownership interest in the property and each party has the right to alienate, or transfer the ownership of, her ownership interest.;
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Tenancy in common means ownership of property may not be equal. Each person's interest can be sold without the consent of the other owners. [Eff 3/19/93; am 2/7/94; am 8/01/94; am 12/15/95; am
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Tenancy in common means a shared tenancy in which each member has a distinct and separately transferrable interest. ARTICLE II: NAME
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