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Meaning of “tenant in common” in the English Dictionary

"tenant in common" in Business English

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tenant in commonnoun [C]

uk   us   (plural tenants in common) LAW, PROPERTY
a person who owns a building or land with at least one other person. Each person's share of the property is not passed automatically to the other tenant or tenants in common when they die.
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(Definition of tenant in common from the Cambridge Business English Dictionary © Cambridge University Press)
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