tenancy in common UK US noun [C or U] (plural tenancies in common) PROPERTY, LAW
► a legal agreement in which two people or groups share ownership of a piece of property, but each person's share of the property is not passed automatically to the other tenant or tenants in common when they die: »
The title will convert to Tenancy in Common upon divorce.
»Today, especially in tenancies in common, unmarried persons are referred to as a single man, or a single woman.
Financial and business terms. 2012.