Agricultural Economics, Department of

 

Center for Agricultural Profitability

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The Challenges of “Common Tenancy” Ownership

Date of this Version

4-10-2026

Document Type

Article

Citation

Groskopf, J. “The Challenges of ‘Common Tenancy’ Ownership” CAP Series 26-0401, Center for Agricultural Profitability, University of Nebraska-Lincoln, April 10, 2026.

Abstract

For many farm and ranch families, the question of how to transfer the operation from one generation to the next becomes one of the most important and emotional topics they will face. While there is no single “right way” to pass assets, some methods tend to generate more conflict than others. One of the most challenging structures is when assets, particularly land, are titled as common tenancy or “tenants in common.”

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