Definition : Indivision

The situation in which several persons own together the same property without their ownership being attached to a specific part of the property.

In divided co-ownership, this is so for:

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  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.  
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