Ownership and estates
Tenancy in common
Co-ownership with no right of survivorship; each share is inheritable
Shares need not be equal and owners need not have acquired at the same time. Each holds an undivided interest in the whole and each share passes by will or intestacy, which is why this is the default form of co-ownership when a deed says nothing.
How the exam asks about it
The single dividing line against joint tenancy is survivorship. Everything else — unequal shares, different acquisition dates — follows from its absence.
Related terms
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