In England and Wales, the beneficial interest in land may be held by persons as:

joint tenants, who are together entitled to the whole of the land, so that when one dies, the other becomes solely entitled under the right of survivorship, or ius accrescendi; or

tenants in common who hold separate, identifiable shares in land and the sale proceeds, which may be equal with those of their co-tenants, or unequal. A tenant in common may deal with his or her share, which does not automatically pass to the co-tenants on death, but forms part of the deceased’s estate, and passes according to the terms of the deceased’s will or intestacy.

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