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What does Tenants-in-Common mean when it is under your brother's name on the papers to a home your mother owns?
Wiki User
∙ 17y ago
The designation Tenants-In-Common (or Tenancy-in-Common) on a title or deed indicates the legal owners of the property. Tenants-in-common also means that on the death of your mother, the estate will own half of the house and your brother the other half. He will either have to buy the other half, or the house will be sold and any profits split between the estate and your brother. If your brother is living with your mother, or paying mortgage/taxes/maintenance/down payment, this is common to protect his investment in the property.
Wiki User
∙ 17y ago
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