Tenancy in Common

In Tenancy in Common, each owner holds an individual share of the property, which can be equal or unequal. Owners have the right to transfer or sell their share independently. This structure is commonly used for real estate investments and business partnerships. Unlike joint tenancy, there is no right of survivorship, meaning ownership does not automatically transfer to other owners upon death. For startups, this may apply when co-founders jointly own property or assets.