Undivided

Undivided Interest
(n) When a property or right is owned by more than one person in which their respective share in the property or in the benefit accruing out of it is not quantified, ...

Undivided interest: The interest in property owned by each joint tenants. Each tenant is entitled to an income share proportional to his ownership interest.

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 the real estate.

UNDIVIDED. That which is held by the same title by two or more persons, whether their rights are equal, as to value or quantity, or unequal.

Joint tenants have one and the same interest, accruing by one and the same conveyance, commencing at one and the same time, and held by one and the same undivided possession.

Occupancy can also mean the number of persons using an undivided space, such as a meeting room, ballroom, auditorium, or stadium.

title to property (usually real property, but it can apply to personal property) held by two or more persons, in which each has an "undivided interest" in the property and all have an equal right to use the property, ...

2 : an undivided whole
specif
: an interest in real property that cannot be divided
compare moiety
: by a husband and wife with undivided interests in the whole estate and a right of survivorship <an estate held by the entireties> ...

participation in any profit-sharing agreement, collateral-trust certificate, pre-organization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided ...

An undivided interest in property, taken by two or more joint tenants. The interests must equal, accruing under the same conveyance, and beginning at the same time.

Husband and wife each own the undivided whole of the property, so upon the death of one of the spouses, his/her share goes directly to the surviving spouse.

Tenant in Common: An individual who owns an undivided interest in real or personal property with one or more people, with no right of survivorship.
Terminate: Come to an end.
Terminated: Ended; canceled; concluded ...

Persons who own land in an undivided share in common; on the death of one owner his or her interest passes to the surviving owner(s), and cannot be disposed of by will or deed, unlike tenants in common (q.v.).
judgment debt ...

A form of ownership where each owner holds an undivided interest with a right of survivorship. Upon the death of any joint owner, their interest passes automatically to the survivors.

Judicial Hearing Officer ...

mortgage-backed security (mbs) a Fannie Mae security that represents an undivided interest in a group of mortgages. Principal and interest payments from the individual mortgage loans are grouped and paid out to the MBS holders.

The combined ownership of real property or estate under the same title name by two or more persons with each person owning an undivided interest and the right to use the property.
Jumbo Loan ...

plaintiff is allowed to aggregate the amount if he or she has two or more claims against a single defendant, whether the claims are related or unrelated. A second exception exists where there are two or more plaintiffs who have a common or undivided ...

Undivided succession, whether in the form of primogeniture or in that of junior right, sacrifices equity and natural affection to the economic efficiency of estates.

See also: Interest, Right, Person, Use, Will