Document background
A Tenants In Common Deed is essential when two or more parties wish to own property together in Singapore while maintaining separate and distinct shares. This document becomes particularly important when co-owners want to specify unequal ownership shares or plan for their share to be passed to their beneficiaries rather than automatically transferring to other co-owners upon death. The deed must comply with Singapore's property laws and should clearly outline ownership percentages, rights, and responsibilities of each party. It's commonly used in family property arrangements, investment partnerships, and situations where multiple parties pool resources to purchase property.
