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Meaning of tenancy in common in English:

tenancy in common

noun

Law

  • A shared tenancy in which each holder has a distinct, separately transferable interest.

    ‘If someone is buying a property with a friend or relative, ownership can be held through joint tenancy or tenancy in common.’
    • ‘Every cohabiting couple should know the difference between joint tenancy and tenancy in common agreements.’
    • ‘The property is owned as a tenancy in common, rather than jointly owned.’
    • ‘An alternative to joint ownership is tenancy in common.’