When an heir receives less than 100% interest in the property, the heir receiving
less than 100% in the property and the other heirs take the property as tenants-in-common.
A co-tenant may sell, convey, lease, mortgage, or encumber the co-tenant's undivided
interest in personal or real property, just as any other property the co-tenant owns,
without the consent of other co-tenants.
Missouri and Kansas:
The laws of Kansas and Missouri are similar to the laws of Iowa.
When there is more than one heir, each heir receives a fractional undivided interest
in real property as co-tenant. As co-tenant, an heir may sell, convey, lease, mortgage,
or encumber their undivided interest in real property just the same as any other property
they may own. The heir need not obtain the permission of other co-tenants to dispose
of their interests.
The co-tenant may only convey their undivided interest in the property. They may not
convey the entire property or any distinct part thereof, without the formal acceptance
of the other co-tenants.