What is the difference between tenants in common and joint tenants with the right of survivorship?
What is the difference between tenants in common and joint tenants with the right of survivorship?
These terms are typically found in a South Carolina deed to real property. Tenants in common means each owner owns a share of the property, whereas joint tenants with the right of survivorship mean that the owners all own the whole property, and when an owner dies, the surviving owner owns the property. Specific language must be in the deed to create survivorship rights.