What main advantage does tenancy in common provide for owners?

The main advantage of tenancy in common lies in the flexibility it offers in ownership shares. In a tenancy in common arrangement, multiple owners can hold different percentages of the property. For instance, one owner could have a 50% share, while another may own 25%, and a third may hold the remaining 25%. This flexibility allows individuals to invest in the property according to their financial capabilities and interests, which is particularly advantageous in scenarios where owners might contribute differently to the purchase price or upkeep of the property.

This form of ownership contrasts with other forms, such as joint tenancy, where shares must be equal among all owners. Additionally, the flexibility in ownership shares can create opportunities for varied investment strategies, as owners can buy or sell their respective interests independently without affecting the ownership interests of the others.

While other options presented may have their own merits, they do not provide the same level of customizable ownership structure that tenancy in common does.