Have Questions? Let's Chat
Our attorneys are available from Mon-Fri 9 AM to 6 PM. We are closed on weekends, state and federal holidays.
What is Tenancy in Common?
Tenancy in Common (TIC) is a type of real estate ownership where two or more people own a property together. Each owner has an undivided interest in the property, meaning they each have the right to use the entire property. However, owners can leave their TIC interest to whomever they choose in their will, and they are not required to sell the property if one of the owners dies.
Tenancy in common is a popular ownership arrangement for people who want to buy property with friends or family members. It can also be a good option for people who want to leave their TIC interest to someone other than their spouse or partner.
Published: Sep 20, 2022
Updated: May 26, 2023
Our Practice Areas
Our talented and experienced attorneys and team members come from diverse backgrounds, but we share a common belief in doing right by those that entrust us with their legal matters. At Easler Law, we bring real-world experience to the table, we will critically think for you, we will do the work right, and we will never make excuses.