{"id":1091,"date":"2021-05-21T17:54:00","date_gmt":"2021-05-21T17:54:00","guid":{"rendered":"https:\/\/ibkrcampus.eu\/glossary-terms\/tenants-in-common\/"},"modified":"2021-05-21T17:54:00","modified_gmt":"2021-05-21T17:54:00","slug":"tenants-in-common","status":"publish","type":"glossary-terms","link":"https:\/\/www.interactivebrokers.eu\/campus\/glossary-terms\/tenants-in-common\/","title":{"rendered":"Tenants in Common"},"content":{"rendered":"<p>A client type associated with an IBKR\u00a0Joint Account.  A form of ownership by two or more persons in which each person has an undivided interest in the account even though the percentage of interests may not be equal. Unlike joint tenants, there is no right of survivorship if one of the account holders ides. Upon the death of one tenant in common, a probate proceeding (court-supervised administration of the estate of the deceased) must be held to transfer the ownership interest in the account. 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