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  <title>Joint Tenancy vs Tenants in Common Explained | Alberta Real Estate &amp;amp; Mortgage Exam Prep</title>
  <description>With Tenants in Common, each owner holds a separate ownership share, and their interest passes to their estate — not automatically to the co-owner. Example: If two friends purchase a rental property together and register as joint tenants, one friend’s share would automatically transfer to the other upon death. That may not align with their estate planning intentions. This is why understanding ownership structures is critical — especially when co-owners are not spouses. Spouses are commonly registered as joint tenants, but when unrelated parties are involved, a discussion about ownership structure is essential. This topic is heavily tested in: • Fundamentals of Real Estate • Practice of Residential Real Estate • Fundamentals of Mortgage Brokerage • Alberta licensing exams (RECA)  At The Alberta Real Estate School, we focus on helping you understand not just what the answer is — but why it matters in real transactions. Subscribe for weekly Alberta real estate and mortgage exam breakdowns.   #albertarealestateschool&amp;amp;nbsp;#albertarealtors  #TenantsInCommon #AlbertaRealEstate #MortgageBrokerExam #RECA #AlbertaRealEstateSchool #RealEstateExamPrep </description>
  <author_name>Alberta Real Estate Tutor</author_name>
  <author_url>http://albertarealestateschool.com</author_url>
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