Hey, a bunch of us friends are looking to buy an apartment together, but the prices are pretty high. We’re thinking about joint ownership. How many people can legally share ownership of a single apartment in India under the Tenancy in Common model?
Hey, a bunch of us friends are looking to buy an apartment together, but the prices are pretty high. We’re thinking about joint ownership. How many people can legally share ownership of a single apartment in India under the Tenancy in Common model?
Best Answer
Under Indian law, there’s no limit on the number of people who can share ownership of an apartment through Tenancy in Common. You can have as many co-owners as you like, but it’s crucial to clearly define each person’s share and rights in a written agreement.
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