Home
Forms Library
Tenants in common contract

Tenancy common agreement 2025

tenants in common contract Preview on Page 1

See details

4.1 out of 5

21 votes

The Tenancy in Common Agreement outlines the terms and conditions for domestic partners owning property together as tenants in common. It details ownership interests, management responsibilities, maintenance obligations, rights to sell or lease interests, and procedures for resolving disputes. The agreement emphasizes that each owner's interest remains separate property, regardless of contributions made towards the property. It also includes provisions for assessments, insurance requirements, and the process for selling or transferring ownership interests.

Here's how it works

01. Edit your tenants in common contract online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send tenancy in common agreement via email, link, or fax. You can also download it, export it or print it out.

The fastest way to redact Tenancy common agreement online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Dochub is the greatest editor for updating your paperwork online. Adhere to this simple guideline edit Tenancy common agreement in PDF format online at no cost:

Sign up and log in. Register for a free account, set a secure password, and proceed with email verification to start working on your templates.
Add a document. Click on New Document and choose the file importing option: add Tenancy common agreement from your device, the cloud, or a secure link.
Make changes to the template. Use the top and left panel tools to edit Tenancy common agreement. Add and customize text, pictures, and fillable fields, whiteout unnecessary details, highlight the important ones, and comment on your updates.
Get your paperwork done. Send the sample to other parties via email, generate a link for faster file sharing, export the template to the cloud, or save it on your device in the current version or with Audit Trail included.

Discover all the benefits of our editor today!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What are the disadvantages of a tenancy in common?

Each tenant in common is entitled to share with the other tenants the possession of the whole parcel and has the associated rights to a proportionate share of rents or profits from the property, to transfer the interest, and to demand a partition of the property.

What is the difference between a tic structure and an LLC?

Where an LLC or partnership purchases a property, the individual members do not own a share in the property, but rather a share in the entity. In contrast, tenants in common each own a separate ownership directly in the property.

What are the downsides of a tic?

Before purchasing a stake in a TIC, consider these potential disadvantages. All co-owners are equally liable for debt and taxes. If one party fails to pay their portion of the mortgage or property taxes, all owners are held equally responsible for that amount.

What is the difference between a tic and an LLC?

Understanding Tenancy in Common Unlike joint tenancy, where each owner has an equal share, tenancy in common allows for specific parts or percentages of the property to be owned by each tenant. This type of ownership is often seen in situations where family members or business partners want to maintain separate shares.

Try more PDF tools