Pros of Working With Tenants in Common

Tenants in common refer to an arrangement whereby two or more individuals co-own a real estate without having a right of survivorship. This kind of ownership allows each owner to choose who to inherit his or her interest once he or she dies. This is unlike the joint tenancy ownership where the interests of each of the co-owners pass to other co-owners upon dying (Clifford, 2009).

            Tenants in Common have become………………..