Tenancy in Common
The default form of co-ownership in which each owner holds a separate, possibly unequal interest that passes to heirs, with no survivorship.
Quick flashcard
What does Tenancy in Common mean on the Texas real estate exam?
Answer: The default form of co-ownership in which each owner holds a separate, possibly unequal interest that passes to heirs, with no survivorship.
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Tenancy in Common definition
Tenancy in common is co-ownership where each owner holds an undivided interest that can be unequal. There is no right of survivorship. When a tenant in common dies, that share passes to the owner's heirs or as directed by the owner's will, not to the other co-owners.
Tenancy in common is the default co-ownership form when two or more unmarried people take title without specifying survivorship.
Source basis
Definition checked against the official sources below on .
On the exam
Exam trap
Tested in
Ownership & Title (9 of 80 National)
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