The main types of land ownership are joint tenants and tenants-in-common.
When there is a joint tenancy, the title passes to the last surviving joint tenant. You can't deal with the land without the consent of the other joint tenants.
As tenants-in-common, each owner has an undivided % interest. This interest goes to your estate, not the other tenant-in-common. You may deal with your interest without the consent of the other tenants-in-common. I presume a half interest sale, is the sale of an undivided half interest in land.
http://www.duhaime.org/LegalResource...Tenancies.aspx
http://www.servicealberta.gov.ab.ca/592.cfm
There are three common types of land ownership: - Sole Ownership - either a person or a registered company is the sole owner of the land
- Tenancy-in-Common - in this type of ownership there are two or more owners called tenants-in-common; when a tenant-in-common dies, that person's share in the land goes to his or her estate, not automatically to the other co-owner(s)
- Joint Tenancy - this type of ownership also involves two or more owners but each owner has the right of survivorship; when one owner dies, that person's interest automatically passes to the other owner(s)
If you wish to become a joint tenant you must specify this on the transfer document, otherwise, you will automatically become a tenant-in-common.
Most married couples will own land as joint tenants. Tenants-in-common are often seen within second marriages, where spouses want to preserve their interest for their own children. Often parents will leave the cabin, farm or mineral rights to their children as tenants-in-common. Investment properties may also be owned this way by the various partners.
In this case, it appears one tenant-in-common had his interest seized by a judgment creditor. The other tenants-in-common should not be affected by the creditor.