Tenacy

             Comparative review of tenancy in common, joint tenancy and tenancy by the entirety.
             If two or more person, such as a husband and wife or business partners, own title to a piece of real property, they are allowed to hold the title in three ways: as tenants in common, as joint tenants with the right of survivorship, or as tenants by the entirety.
             The first form of holding the title is tenancy in common which means that two or more persons holding an undivided interest in property with each owner's interests going to his or her heirs on death rather than to the survived co-owners.1 These two or more persons can be any person including wife and husband. In this issue it differs from the tenancy by the entirety.
             Tenants in common owners each hold separate ownership interests, which can be sold, conveyed or transferred without the consent of the other owners. When one of the owner's dies, his or her share of land is transferred by the owner's will or if there is no such will the state will determine the heirs of this person who will become the new owners of that share. The land that is held in this kind of co- ownership can also be partitioned by creditors.
             In comparison to joint tenancy there is no right of survivorship in tenancy in common and also the titles are hold separately.
             Each tenant may convey his own separate interest to another person without the consent of his co –owner and the person who bought it becomes a tenant in common with other co-owners.
             Joint tenancy is the second form of ownership by two or more individuals together. It differs from tenancy in common and tenancy by the entirety in that it has the " the right of survivorship" which means that upon the death of the one joint tenant the survived joint tenant immediately becomes the owner of the whole property.
             The fact that joint tenants can be any person including
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