Definition : Conversion - Immovable held in undivided co-ownership

The process by undivided co-owners by which an immovable held in undivided co-ownership becomes governed by the divided co-ownership regime.

Related articles

An immovable whose dwellings are all occupied by undivided owners, can be converted into divided co-ownerships, subject to certain conditions. But carrying out this conversion requires to overcome several steps involving all owners concerned.
View more
When shopping for an apartment, you must find out if it is in a divided or undivided co-ownership. Even though both concepts are similar in that their ultimate goal is the partition of an immovable between several persons called co-owners, the financial and legal commitments are different.
View more