MKC Law OfficePeterborough, ON · February 11, 2026Joint Tenancy vs. Tenants in Common
How to navigate co-ownership of real property. When two or more people buy property in Ontario, they must decide how they will hold title. That choice is often made quickly during a purchase, but it has important consequences for estate planning, family law, and taxes. The two main options are joint tenancy or else tenancy in common. Joint Tenancy In a joint tenancy, each owner holds an equal interest in the entire property. The key feature is the right of survivorship. When one co-owner dies, their interest passes automatically to the surviving owner(s). The deceased co-owner’s interest in...
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