An ownership right to use and possess a property that is shared among co-owners, with no co-owner having exclusive right to any portion of the property.
Related information about undivided interest:
- undivided interest legal definition of undivided interest. undivided ...
undivided interest n. title to real property held by two or more persons without specifying the interests of each party by percentage or description of a portion of ...
- Undivided Interest: Definition from Answers.com
An ownership right to use and possession of a property that is shared among co- owners, with no one co-owner having exclusive rights to any portion of the.
- Undivided Interest Law & Legal Definition
An undivided interest is defined as an identical fractional or percentage interest or share in each right, benefit, and obligation with respect to the subject matter of ...
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Nov 6, 2012 ... Undivided interest is a situation in which one or more people who own or inherit a property together all have a full interest in...
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Where Is My 1 Acre Of Land nbsp My father and I have both encountered the situation where an unhappy couple drops by our offices saying that they thought ...
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Definition of undivided interest: Claim of ownership of commonly-owned assets or property (as in a corporation, partnership, or tenancy-in-common) where each ...
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Undivided interests and joint ventures are different concepts. An undivided interest grants two or more people a fraction of ownership in each part of a general ...
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An undivided interest is “An ownership right to use and possession of a property ... Consequently, the undivided interest suffers from a significant lack of control ...