Tenancy At Will

A flexile type of letting agreement that often used for short term property letting. The agreement is indefinite and continues until the one of the parties gives notice to bring the tenancy to an end. Can occur after exchange of contracts if a purchaser wants to gain...

Tenancy In Common

Where several owners each own a stated percentage of the property. Each owner may deal with their portion of the property as they wish (giving it away mortgaging it bequeathing it etc.) and upon their death their share becomes part of their estate. Also known as...