Site: nolo.com
... If done right, the shared-purchase approach can get you a home you might not otherwise have been able ... Decide How You'll Hold Title
Any time you buy a house, you receive what's called "title," evidenced by ... If you buy a home with two others, you each own a one-third interest, and so forth. ... Clarifying what percentage each of you will own is especially important in case one of you later dies ... If you take title as tenants in common (TIC), however, you don't need to divide your interests 50/50, ...