What does undivided interest mean?
Definitions for undivided interest
un·di·vided in·ter·est
This dictionary definitions page includes all the possible meanings, example usage and translations of the word undivided interest.
Princeton's WordNet
undivided interest, undivided rightnoun
the interest in property owned by tenants whereby each tenant has an equal right to enjoy the entire property
ChatGPT
undivided interest
Undivided interest refers to a type of ownership in which two or more parties have an equal right to use the entire property, even though they own a portion of it. This type of ownership is common in joint tenancies, partnerships, and tenancies in common where each owner has full access to the entire property. In such cases, the property cannot be divided or partitioned among the owners without mutual consent or a court order. The rights and obligations of each owner are typically outlined in a legal agreement.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of undivided interest in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of undivided interest in Pythagorean Numerology is: 4
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"undivided interest." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/undivided+interest>.
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