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Tenants in common (TIC) is a type of joint ownership which allows two or more people to own real estate together. Laws in certain states declare that two unmarried individuals own property as tenants in common unless they have agreed to a different form of ownership in writing. Under TIC deeds, the tenants all equally retain the right to access and possess the property.
Tenants in common can have different percents of interest, but no tenant may exclude any other tenant from the property. Owners of either type of deed may file for what is known as partition. A petition to partition means that one tenant on the deed may force the other tenants to dissolve the relationship.