tenancy in common

tenancy in common
a holding of property, usually real, by two or more persons with each owning an undivided share and with no right of survivorship. Cf. joint tenancy.
[1760-70]

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Universalium. 2010.

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Look at other dictionaries:

  • tenancy in common — see tenancy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. tenancy in common …   Law dictionary

  • tenancy in common — UK US noun [C or U] (plural tenancies in common) PROPERTY, LAW ► a legal agreement in which two people or groups share ownership of a piece of property, but each person s share of the property is not passed automatically to the other tenant or… …   Financial and business terms

  • Tenancy In Common — A way for two or more people to have equal ownership interests in a property. Each owner has the right to leave his or her share of the property to any beneficiary upon the owner s death. Each party (owner) in a tenancy in common agreement has… …   Investment dictionary

  • tenancy in common — That tenancy whereby two or more persons are entitled to land in such manner that they have an undivided possession, but several freeholds or interest. 20 Am J2d Coten § 22. A tenancy characterized by a single essential unity that of possession,… …   Ballentine's law dictionary

  • tenancy in common — Two or more persons having an interest in the same piece of land. Each person can bequeath his or her interest by will, although the land itself has not been physically divided. Trustees must hold the legal estate and the tenancy in common exists …   Big dictionary of business and management

  • tenancy in common — the tenancy of those who hold lands or other property in common compare joint tenancy …   Useful english dictionary

  • tenancy — ten·an·cy / te nən sē/ n pl cies 1: the holding of or a mode of holding an estate in property: a: a form of ownership of property: tenure b: the temporary possession or occupancy of property that belongs to another holdover tenancy …   Law dictionary

  • common — com·mon 1 adj 1 a: of or relating to a community at large: public common defense b: known to the community a common thief 2: belonging to or shared by two or more persons or things or by all members of a group …   Law dictionary

  • tenancy — A tenancy involves an interest in realty which passes to the tenant, and a possession exclusive even of that of landlord, except as lease permits landlord s entry, and saving his right to enter to demand rent or to make repairs. Layton v. A. I.… …   Black's law dictionary

  • tenancy — noun a) The occupancy of property etc, under a lease, or by paying rent. b) The period of occupancy by a tenant. See Also: co tenancy , fixed term tenancy, holdover tenancy, joint tenancy with right of survivorship, periodic tenancy, tenancy at… …   Wiktionary

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