Which characteristic is true of a tenancy in common?

A tenancy in common is a form of co-ownership of property where two or more individuals hold an undivided interest in the property. One of the key features of a tenancy in common is that each owner can sell, transfer, or will their portion of the property independently of the other owners. This means that if a tenant in common passes away, they can will their interest in the property to heirs or other individuals, making the transfer of ownership flexible and not dependent on the partnership with the other co-owners.

In contrast, characteristics such as the requirement of equal interests or the right of survivorship do not apply to a tenancy in common. Tenants in common can own different percentages of the property, and rights of survivorship, which allow for the automatic transfer of interest to surviving owners upon a co-owner's death, are a feature of joint tenancy, not tenancy in common. Additionally, there are no restrictions on who can enter into a tenancy in common arrangement, as it is not limited to married persons. Thus, the ability for tenants to will a partial interest in the property is a defining characteristic of a tenancy in common.