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tenants-in-common Articles

Property Co-ownership Agreements

by | Property & Leases

Where two or more people own property, there needs to be complete understanding between the parties regarding their respective rights and obligations. This is particularly important when the co-owners are not married. Very often, the parties will assume they share the same views on how a property is to be maintained and whether or not… Read more »

Like all legal fictions, the most common forms of land ownership seem deceptively simple but in fact they can be quite complicated. Anna Pantelios provides a useful outline of the differences between joint tenancy and tenants-in-common from a conveyancing perspective in her article “Joint Tenants or Tenants-in-Common?” but confusion continues.  The legal consequences of getting… Read more »

The consequences of not understanding the difference between joint tenants vs tenants in common can be costly. For example, how you own a property will determine whether your share of the property is passed down to your beneficiaries under the terms of your Will, or whether it becomes the property of the other surviving owners… Read more »