Tenancy in common describes an ownership interest in which all owners have an undivided interest in the property and a devisable interest.

Name: Tenancy in common describes an ownership interest in which all owners have an undivided interest in the property and a devisable interest.
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In a tenancy in common, each owner has an undivided interest in the property and their interest can be inherited or sold to another party.

Tenancy in Common Describes an Ownership Interest in Which All