Lack of Liquidity: The main problem regarding assets which are held under tenants in common agreement, is that they are illiquid. This is because of the lack of secondary market for these assets. Hence, the tenancy in common property is usually sold off at a substantial discount.
Couples who are interested in holding a title to a property may prefer joint tenancy to tenancy in common. Joint tenancy may be considered as an alternative to tenancy in common agreement after comparing the pros and cons of tenancy in common versus joint tenancy.
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