Property
Tenancy in Common
Definition
A tenancy in common is a form of concurrent ownership in which two or more persons hold undivided interests in the same property. Each tenant has the right to possess the entire property, and their interests are independently alienable, devisable, and descendible. There is no right of survivorship — when a tenant in common dies, their interest passes through their estate. Tenancy in common is the default form of concurrent ownership in modern American law.
Example
A and B each own an undivided one-half interest in Blackacre as tenants in common. When A dies, A's interest passes to A's heirs, not automatically to B.