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Real Estate Glossary

What does Tenants In Common mean?

Tenants in common is a type of property ownership in which two or more people own the property together, but each has a distinct and separate share of the property. This means that each tenant in common has the right to use the property, but they also have the right to sell or transfer their share of the property independently. This type of ownership allows multiple people to own a property together, but also allows them to have separate ownership interests.

Agency Closing

Bargain Sale

Bond

Building Restrictions

Community Property

Default

Down Payment

Early Occupancy

Equal Credit Opportunity Act.

Insurance Binder

Kick-Out Clause

Principle of Regression

R-Value

Rate-Improvement Mortgage

Shared-Equity Transaction

Tenant Improvements

Walk-Through

Zero-Lot Lines

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Beycome Corp. holds real estate brokerage licenses in Multiple States: Beycome of Florida LLC is licensed in FL. Beycome Brokerage Realty Inc is licensed in CA. Beycome of Connecticut in CT. Beycome Brokerage Realty LLC is licensed in AL, GA, IL, IN, MI, MN, NC, OH, SC, TN and TX.
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Artur

Real Estate Assistant