In a tenancy in common, how can ownership be structured among co-owners?

In a tenancy in common, ownership can be structured among co-owners with the possibility of unequal shares. This means that each tenant in common can own a different percentage of the property, allowing for flexibility in how the property is divided among co-owners. For example, one person might own 50% of the property, while another might own 25%, and a third might own 25%. This flexibility makes tenancy in common an attractive option for individuals who may wish to invest in property together but do not necessarily want equal shares or interests.

This structure is particularly advantageous when co-owners contribute varying amounts of money or have different levels of involvement in managing the property. Additionally, it allows for the individual sale or transfer of each co-owner's share without requiring the agreement of the other co-owners, adding to its appeal and practicality in real estate arrangements.

Other options do not accurately reflect the nature of tenancy in common. For instance, equal shares are not a requirement in this arrangement, and ownership as individuals or through a partnership agreement does not capture the unique flexibility offered by tenancy in common.