There are three ways a homeowner can own a home in Ontario; as a sole owner, as a joint tenant, and as tenants-in-common.
A sole owner of a home is when there is only one person on the title of the home and has the sole rights to the home.
Most legally married spouses own a home as joint tenants, which means that they both hold ownership to the home.
Tenants in common is the third way a person can have ownership to a home in Ontario. This occurs when a property is held by two or more people, or a corporation, and each person holds a percentage share in the property. This can also be used to sever assets between a separated couple.