Definitions for "CO-TENANCY"
Ownership of the same interest in a particular parcel of land by more than one person; e.g., tenancy in common, joint tenancy, tenancy by the entireties.
A type of ownership where two or more persons own undivided interests in the same property at the same time. SEE: Joint Tenancy and Tenancy in Common.
When two or more parties own the same property without survivorship rights. Thus if A and B own the property, and A dies, A's one-half share goes to A's heirs through probate, not to B. In Ohio, any recent deed with more than one owner is a tenancy in common by default, unless there is language indicating a right of survivorship.