How should it be titled?A. Tenants in common refer to shared ownership of property by two or more people; it can be shared equally or unequally. If one party dies, the property transfers to the decedent’s heirs. Description: Modern Business is a fully loaded Bootstrap 3 website starter template. It includes 17 HTML pages along with a working PHP contact form. For instance, if you and your spouse purchased a home and share ownership of the property, it would be considered marital property.