What type of ownership allows co-owners to hold separate titles to an undivided interest in a property?

Tenancy in common allows co-owners to hold separate titles to an undivided interest in a property, making it a distinct form of property ownership that accommodates multiple owners. Each co-owner, or tenant in common, maintains a specific share of the property that can be unequal; for example, one owner can have a 70% interest while another has 30%. Importantly, each tenant in common has the right to transfer their interest independently of the other owners, which is a key feature of this type of ownership.

This type of ownership does not confer survivorship rights, meaning that when one tenant in common passes away, their share of the property does not automatically go to the remaining co-owners but instead can be inherited according to their will or state laws. This characteristic differentiates it from joint tenancy, where there is a right of survivorship and all co-owners share equal interests in the property.

Tenancy by the entirety, primarily available to married couples, provides additional protection against creditors and requires both parties to agree to any transactions involving the property. Community property is a concept that applies to married couples as well, which allows them to own property equally acquired during their marriage. Each of these forms of ownership has its unique attributes and