Co-Ownership Of Property - Texas Real Estate Law Firm
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Grace Okorie Esq. on Instagram: "In real estate, co-ownership means two or more people share legal ownership of a property. This can be with a friend, family member, or partner—and in Illinois (and most states), it’s typically structured in one of three ways: Tenancy in Common (TIC): Owners can hold unequal shares; each person’s share passes to their heirs. Joint Tenancy (JTWROS): Equal ownership with survivorship—if one owner passes away, their share automatically goes to the others. Tenancy by
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