Tenancy in Common

A Tenancy in Common is created when two or more people take title and tenants in common is specified or no other form of ownership is mentioned.

•	Tenants in common have Unity of Possession

•	The Interest of each tenant may be unequal

A tenant in common may transfer his/her interest by gift, sale, or will without permission of the other tenants

•	The new tenant has the same rights and privileges that the grantor had

•	The new tenant is a tenant in common with the old tenants

•	A tenancy in common is most often created when parents die and leave real property to their children

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