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Topical Terminology > Joint Tenants In Common (Jtic)



2 Definitions

Joint Tenants In Common (JTIC)

For Joint Tenants In Common (JTIC) we have terms and definitions in 2 topics. The topics are Frauds and Scams and Investing.



Joint Tenants In Common (Jtic) (Frauds and Scams)

Ownership of assets by two or more individuals. A specific ownership percentage is assigned to each individual. In the event of the death of one party, the deceased's interest passes to their estate and not to the surviving tenant(s).


Joint Tenants In Common (Jtic) (Investing)

Ownership of assets by two or more individuals. A specific ownership percentage is assigned to each individual. In the event of the death of one party, the deceased's interest passes to their estate and not to the surviving tenant(s).

See Also: Joint Tenancy




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