1) Think of it similar to a joint bank account where each party has access to all
2) Upon death of someone in title, the deceased’s interest goes to the surviving individual on title-“last man standing gets it all”
•Tenants in Common (TIC)
1) Each party owns a certain % of the property
2) Upon death of someone in title, the deceased portion goes to heirs of the deceased
If you're thinking about buying or selling a house, contact me and I'd be happy to help you out!