Tenancy In Common FOR RENT

$18,000
43 Church St, Oswestry, Shropshire SY11 2SZ, UK
  • Portomare
  • Portomare
  • Portomare
  • Portomare
  • Portomare
  • Portomare
  • Portomare
  • Portomare
  • Portomare
  • Portomare
  • Portomare
  • Portomare

With tenancy in common, two or more persons hold title to real estate jointly, with equal rights to enjoy the property during their lives. Unlike joint tenancy, tenants in common hold title individually for their respective part of the property and can dispose of or encumber it at will. Ownership can be willed to other parties, and in the event of death, ownership will transfer to that owner’s heirs undivided.

Advantage
Tenancy in common allows for one owner to use the wealth created by their portion of the property as collateral for financial transactions, and creditors can place liens only against one owner’s particular portion of the property.

Disadvantage
Any liens on the property must be cleared in order for a total transfer of ownership to take place.

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Price:  $18,000

Area:  2300ft 

Type:  Korterid

Bedrooms:  3

Bathrooms:  3

Garages:  2

Status:  For Rent

Shop:  10 km

School:  5 minutes

University:  5 km

Airport:  20 km

City center:  10 minutes

Hospital:  2 km

CPT stop:  1 km

Property ID:  1000

Available From:  2000

Year Built:  2010

Exterior Material:  Exterior Material

Structure Type:  Structure Type

AC:  AC

Acres:  Acres

Bedroom Features:  Bedroom Features

Cross Streets:  Cross Streets

Dining Area:  Dining Area

Disability Access:  Disability Access

Entry Location:  Entry Location

Exterior Cnstruction:  Exterior Cnstruction

Fireplace Fuel:  Fireplace Fuel

Fireplace Location:  Fireplace Location

Legal Desc:  Legal Desc

Lot Description:  Lot Description

Lot Size Source:  Lot Size Source

Misc Interior:  Misc Interior

Sewer:  Sewer

Source Of Sqft:  Source Of Sqft

Terms:  Terms

View Desc:  View Desc

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