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Tom B.
Tom B., Barrister & Solicitor
Category: Canada Law
Satisfied Customers: 2263
Experience:  25 years in practice
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I am about to buy a property and I believe the following

Customer Question

I am about to buy a property and I believe the following fits the situation.
Tenancy in common - A form of vesting title to property owned by two or more individuals in undivided fractional interests. These fractional interests may be unequal in quantity or duration and may arise at different times. Each tenant in common owns a share of the property and is entitled to a comparable portion of the income from the property and must accept an equivalent share of expenses. Each co-tenant may sell, lease, or dispose by will that share of the property belonging to him/her.
Am I correct in thinking both/all parties names are ***** ***** title?
Is there an advantage to me if my portion of the investment is expressed in a covenant attached to the property which would instead be on title with my partner?
Submitted: 2 years ago.
Category: Canada Law
Expert:  Debra replied 2 years ago.

What type of property is this?

Are you asking about whether both names should be on title?

Are you common law spouses?