Category: Tenants in Common
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Here Come the Tenants in Common
Making L.A. Affordable A form of co-ownership called the tenancy in common is picking up steam in California cities — most recently, in Los Angeles, where a company named B&A Group LLC is overhauling single-home properties so they become multi-unit townhomes. Each buyer receives a share of ownership in a townhome, with the exclusive rights…
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Owning Property in Unequal Shares, as Tenants in Common
A tenancy in common is a popular way for co-owners to take title to a home. This way of vesting offers an alternative to joint tenancy, in which a home is co-owned, but the owners split their interest evenly. Here, we talk about what a tenancy in common is, and why its allowance for co-owning…