BRITISH COLUMBIA
Joint Tenants or Tenants In Common

 

HOW TO DECIDE BETWEEN
JOINT TENANTS AND TENANTS IN COMMON


Joint Tenants is where two or more people acquire an equal undivided interest in a property. When one person dies, that person's share automatically goes to the survivor or survivors.

A Tenants in Common ownership is where two or more persons acquire interest in a single property. Each may sell or bequeath their respective interest and in the event of death their interest becomes a part of their estate.

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