Tenancy in Common

Tenancy in common is a form of co-ownership where each owner holds a distinct, separate share that can be unequal and passes to heirs upon death.

CharacteristicsFeature
Separate sharesEach owner has defined percentage
Unequal portionsCan be 50/50, 60/40, etc.
No survivorshipShare passes to estate
Independent transferCan sell share separately
Rights and ObligationsImpact
Use rightsAll owners can occupy entire property
Income sharingRental proceeds split per ownership
Expense responsibilityCosts divided per percentage
Sale restrictionsAll must consent for whole property sale


Related Terms

Co-OwnershipJoint Ownership CertificateSurvivorshipTitle Deed (Dubai)Digital Title DeedInterim Registration (Oqood vs. Title Deed)Property Rights

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