common tenancy

common tenancy
Type of tenancy in which tenants hold property in common without right of survivorship. May be holding of unequal shares among tenants. Such tenancy is subject to partition.
See also tenancy

Black's law dictionary. . 1990.

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  • common tenancy — Type of tenancy in which tenants hold property in common without right of survivorship. May be holding of unequal shares among tenants. Such tenancy is subject to partition. See also tenancy …   Black's law dictionary

  • tenancy in common — see tenancy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. tenancy in common …   Law dictionary

  • tenancy — A tenancy involves an interest in realty which passes to the tenant, and a possession exclusive even of that of landlord, except as lease permits landlord s entry, and saving his right to enter to demand rent or to make repairs. Layton v. A. I.… …   Black's law dictionary

  • tenancy — ten·an·cy / te nən sē/ n pl cies 1: the holding of or a mode of holding an estate in property: a: a form of ownership of property: tenure b: the temporary possession or occupancy of property that belongs to another holdover tenancy …   Law dictionary

  • common — com·mon 1 adj 1 a: of or relating to a community at large: public common defense b: known to the community a common thief 2: belonging to or shared by two or more persons or things or by all members of a group …   Law dictionary

  • tenancy in common — UK US noun [C or U] (plural tenancies in common) PROPERTY, LAW ► a legal agreement in which two people or groups share ownership of a piece of property, but each person s share of the property is not passed automatically to the other tenant or… …   Financial and business terms

  • tenancy by the entireties — a form of indivisible co ownership, typically husband and wife, of real estate or personal property that upon death of one, survivor takes title to the whole estate. Upon divorce, the parties to the entireties estate become tenants in common,… …   Glossary of Bankruptcy

  • tenancy by the entiretiesa — form of indivisible co ownership, typically husband and wife, of real estate or personal property that upon death of one, survivor takes title to the whole estate. Upon divorce, the parties to the entireties estate become tenants in common, each… …   Glossary of Bankruptcy

  • Tenancy In Common — A way for two or more people to have equal ownership interests in a property. Each owner has the right to leave his or her share of the property to any beneficiary upon the owner s death. Each party (owner) in a tenancy in common agreement has… …   Investment dictionary

  • tenancy in common — That tenancy whereby two or more persons are entitled to land in such manner that they have an undivided possession, but several freeholds or interest. 20 Am J2d Coten § 22. A tenancy characterized by a single essential unity that of possession,… …   Ballentine's law dictionary

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