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What is a ‘tenant in common’?

Tenancy in common is how two or more buyers share in and de-risk investment and ownership of real estate. Tenancy in common helps more people get a foothold on the property ladder and reach their dream of owning a home in an affordable way. 

How is a tenancy in common created?

When a property is owned by tenants in common it means that two or more *entities co-own a property. A tenancy in common is created when a property (or part of the property) is sold and is purchased by two or more co-owners as tenants in common in separate equal or unequal shares. A tenant in common share can be willed (bequeathed), sold or mortgaged separately.

*An entity can be either a natural person or a company.

The Tenant in Common Exchange (ticX) is the trading exchange for tenant in common shares in real estate, where every property is available for shared or sole ownership.

To find out more about the Tenant in Common Exchange CLICK HERE

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