Definitions for "Tenancy-in-Common"
Co-ownership of property. In a valid tenancy-in-common, a deceased co-owner's title passes to his or her heirs without being included in the estate of the deceased co-owner.
a form of ownership where each co-owner holds a separate and definite share in the property
A form of joint ownership in which two or more person’s own interest in the same property. At the death of a tenant-in-common, ownership transfers to that person’s designated beneficiaries or heirs, not to the other joint owner(s).
Keywords:  jose, unmarried, san, guide, escrow
A method of taking title to a San Jose home generally used among unmarried co-borrowers. See the Escrow section of this guide for more information.