Who can provide investment instructions in a tenants in common arrangement?

Who can provide investment instructions in a tenants in common arrangement?

• A. Any owner
• B. Only the majority owner
• C. Each owner for their proportionate share
• D. The designated account manager

Answer: (C)

In a tenants in common arrangement, each owner has an undivided interest in the property. This structure means that all owners can independently manage their share of the investment, including the authority to provide investment instructions relative to their proportionate interest. Each owner can make decisions that affect only their respective portion of the asset. This individual authority is fundamental to the tenants in common arrangement, allowing for flexibility and personal control over one's investment without needing consensus from the other owners for decisions concerning just their share. Options suggesting that only the majority owner or a designated account manager can provide instructions do not align with the fundamental principles of tenants in common, as these options would restrict the autonomy that each owner has over their investment.

In a tenants in common arrangement, each owner has an undivided interest in the property. This structure means that all owners can independently manage their share of the investment, including the authority to provide investment instructions relative to their proportionate interest. Each owner can make decisions that affect only their respective portion of the asset.

This individual authority is fundamental to the tenants in common arrangement, allowing for flexibility and personal control over one's investment without needing consensus from the other owners for decisions concerning just their share.

Options suggesting that only the majority owner or a designated account manager can provide instructions do not align with the fundamental principles of tenants in common, as these options would restrict the autonomy that each owner has over their investment.