Tenants in common describes ownership where:

• A. Interests must be equal and there is a right of survivorship
• B. Interests are always equal and there is no survivorship
• C. There is a fixed share of 50/50 for two owners
• D. Interests may be unequal and there is no right of survivorship

Answer: (D)

Tenants in common is a form of concurrent ownership where each owner has a separate interest in the property that can be unequal, and there is no right of survivorship. This means one co-owner’s share does not automatically pass to the others if that owner dies; instead it goes to the deceased owner’s heirs or devisees. Because shares can vary, you might have one person owning a larger portion and another a smaller portion, yet both have equal rights to use the entire property. Each co-owner can sell or encumber their interest without requiring the others’ consent, though they remain responsible for sharing income, expenses, and obligations proportionate to their stake. This combination—unequal interests and no survivorship—is why the correct description fits tenants in common.