When Harry met Sally and they decided to purchase real estate, a variety of things could have happened as they relate to how title to the property could be held at any given time. This is so because whenever an interest in land is owned by more than one person, a concurrent estate or co-tenancy is created. The parties to the concurrent estate are referred to as co-tenants, or as joint tenants, or as tenants in common depending on the type of concurrent estate that is created. Common Law, in fact, recognizes three types of concurrent estates as follows:

[ ] tenancy in common;

[ ] joint tenancy with right of survivorship;

[ ] tenancy by the entirety.

[ ] Tenancy in common

Tenancy in common is the default form of concurrent estate and is entirely based at Common Law on one and only one principle, referred to as