How do "tenancy-in-common" and "joint tenancy" differ?
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How do "tenancy-in-common" and "joint tenancy" differ?
John Caliendo (Realtor) gives expert video advice on: What are the benefits of fractional home ownership?; How do I finance my portion on the payment in a fractional home ownership deal? and more...
With regards to home sharing, the difference between a joint tenancy and a tenancy-in-common comes down to your percentage of ownership. For example, in a joint tenancy, you would have a 5/5 percent interest in a property if there were two partners. Otherwise it could be a renegotiated 51/49, 7/3, however you see fit.
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