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What Is Tenancy in Common?

By Kristi WaterworthUpdated Dec 12, 2024 at 2:10 PM

Key Points

  • Tenancy in common allows each owner to sell, use, or mortgage their real estate share independently.
  • Investors need agreements to manage risks when co-owning property in tenancy in common.
  • REITs can sell shares in tenancy in common properties flexibly, including using 1031 exchanges.

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