TENANCY IN COMMON
What is it? A type of joint ownership that allows a person to sell his share or leave it in a will without the consent of the other owners. If a person dies without a will, his share goes to his heirs, not to the other owners.Added By: Samuel
The TENANCY IN COMMON definition has been viewed 157 Time(s)!
Send To Friends!
If you'd like to send the TENANCY IN COMMON definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of TENANCY IN COMMON. If you need any more information on this term, please don't hesitate to contact us.