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Frauds and Scams > Joint Tenants In Common (JTIC)

The following information is about Joint Tenants In Common (JTIC).

Joint Tenants In Common (JTIC) Defined

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).

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