TENANCY IN COMMON

The coowners have divided interests in the property. Two or more persons are entitled to a distinct share in a piece of real estate. Before the introduction of strata(unit) title block of flats were purchased by the owners as tenants in common. Each tenant was entitled to the whole of the premises but occupation of parts were solved by an agreement which created a right for exclusive occupation of that part. However, the agreement could not be registered so that it could not be enforced against subsequent purchasers.

EXAMPLE

The ownership of the common property in a strata scheme are the lot owners as tenants in common. The ratio is in accordance with unit entitlement.

Compare with joint tenancy