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What is a Tenants in Common TIC Agreement? with Picture Form

What is a Tenants in Common TIC Agreement? with Picture Form

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let's review how tency in common Works we've got Harold and we've got M with a tency in common whatever interest each party owns is his or hers to do with whatever he or she wants almost as if there is an imaginary line separating their ownership interests so Harold can keep will or sell his interest and M can do the same keep will or sell ran yes M do I need to get Harold's permission to sell or will my share no either one of you can will or sell your share without the others permission what if Harold dies what would what I need to know what would happen to his share if he died well M because you are tenants in common when Harold dies his share will go to his estate uh I'm sorry could you be a little more specific yes his share of the property will go to whoever he names in his will as the devise but I thought his share would go to me as the spouse no with a tency in common there is no right of survivorship and in the event one of the parties di

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