Tenant in Common

Definition: A tenant in common is a co-owner with an undivided ownership share that carries no automatic right of survivorship. Shares may be equal or unequal.

Example

Two people own 60% and 40% interests in the same parcel as tenants in common.

Keep the distinction clear

Each owns a share of the whole, not an assigned physical section. At death, an owner's share passes through the applicable estate or transfer rules rather than automatically to the other co-owner.

Related terms

Undivided Interest · Joint Tenancy · Intestate

Keep studying

Joint Tenancy, Tenancy in Common, Entireties, and Severalty

References: Florida Statutes 689.15: survivorship and co-ownership

Pronunciation (US): TEN-uhnt in KAH-muhn (capitals show stress)

Pronunciation reference: Merriam-Webster