Closing Design Equity Tenancy in common 
Windemere Buying
JULY 19, 2021
Tenancy in Common (TIC) When co-buyers hold a title as tenants in common, shares of the property can be divided equally or unequally. If a co-buyer dies, their ownership passes along to their designated heir. Unlike Tenancy in Common, co-owners must receive approval before selling any property shares.
HomeLight
APRIL 29, 2022
Here are a few of the most common types of home co-ownership scenarios , along with how each situation could affect your sale: Tenancy in Common. A tenancy in common is one situation where multiple people can own the same home. You also don’t have to be married to enter into tenancy in common.
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