Do you know how you own property that you are joint owners of?

Discussion in 'Legal Issues' started by Terry_w, 22nd Jul, 2016.

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How do you own jointly owned property?

  1. Joint Tenants

    19 vote(s)
    63.3%

  2. Tenants in Common

    18 vote(s)
    60.0%

  3. Don't know

    2 vote(s)
    6.7%
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  1. Perthguy

    Perthguy Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
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    Location:
    Perth
    Yes.

    legal ownership is Tenants in Common (TIC)

    I not only know the answer, I know the difference between the two. ;)

    One property is 50/50 TIC and the other is 80/20 TIC.
     
    Perthguy, 22nd Jul, 2016
    #21
    Terry_w likes this.
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