Tenants in common
Tenants in common in the Dictionary of Law consisting of Judicial Definitions and Explanations of Words, Phrases and Maxims
Such as held by several and distinct titles, but by unity of possession; because none knows his own severalty, and therefore all occupy promiscuously. 2 Bl. Com. 191. See also 5 Conn. 365; 12 Allen 36; 8 Minn. 431; 4 Hun. 200; 2 Utah 297.
Note: This legal definition of Tenants in common in the Dictionary of Law (English and American Jurisprudence) is from 1893.
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United States Tax Concept of Tenants in Common
Two or more persons who have undivided ownership rights in property. If one owner dies the other does not automatically take the entire estate. Whoever is designated in the decedent’s will inherits the decedent’s share of the property.
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