tenancy in common - a form of ownership recognizing concurrent possession of more than one person, with each having an undivided interest in the entire estate. Unlike joint tenancy, tenancy in common may be established by separate instruments. No co-tenant can exclude the other co-tenants from any portion of the property, or partition possession of the property. The shares may be unequal, and the co-tenant may sell or will his or her share without disturbing the co-tenancy relationship. Each co-tenant bears his or her proportional share of maintaining the property and is entitled to a proportional share of the income from the property. See also community property, joint tenancy, and tenancy.

© 2004 Bella Vista Publishing Company, Inc.  ISBN 0-9718225-0-6

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