106k views
1 vote
Three people have identical rights but unequal shares in a property, share an indivisible interest, and may sell or transfer their interest without consent of the others. This type of ownership is _________.

User Dave Lee
by
7.3k points

1 Answer

6 votes

Answer:

The answer is tenancy in common.

Step-by-step explanation:

Under this type of tenancy, two or more people share the ownership of a property. Each owner may share an equal or unequal part of the property, and they have the right to assign their part to a beneficairy without the consent of other tenants.

User Tim Williscroft
by
7.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.