Tenancy In Common – Business Broker terms! Get a Free Value Assessment

When the Tampa business owners decided to expand their operations, they opted for a tenancy in common arrangement for their new warehouse property, allowing each of the three partners to hold an undivided interest in the property. This setup meant that each partner could individually decide to sell or bequeath their share, and upon their passing, their interest would descend to their designated heirs, ensuring continuity and flexibility in their business operations.