undivided interest


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  • noun

Synonyms for undivided interest

the interest in property owned by tenants whereby each tenant has an equal right to enjoy the entire property

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Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Larson; Trustee Deed; PT Sec T8SR10E & PT Sec 31 T7SR10E (Undivided Interest).
With a tenancy in common, each owner has an undivided interest in the purchased property, which gives each tenant in common an equal right to use the property, even if the fractional or percentages of interests are not equal among the owners.
- A crude pipeline and terminal system that provides crude supply for Phillips 66's Billings Refinery, consisting of a 79 percent undivided interest in a 623-mile pipeline and 570,000 barrels of storage;
The Class 2016-B1 and 2016-C1 Notes and the outstanding notes share a pro rata undivided interest in the same collateral pool of credit card receivables, and have similar terms.
Occidental has a 24.5% undivided interest in the development and production of the project in Qatar's North Field, one of the world's largest gas reservoirs.
Rubicon Minerals Corporation will grant Platinex a four-year option to purchase a 100 per cent undivided interest in 10 unpatented mining claims, subject to a 1.5 per cent NSR, in exchange for 800,000 common shares of Platinex and $70,350 cash.
As private fly-fishing water is increasingly difficult to procure, Wilder presents a rare and distinct opportunity to own an undivided interest in one of the best fly-fishing properties in the western United States.
Each tenant-in-common owns a separate, undivided interest in the property.
have an agreement providing for Sinopec to pay $1.02 billion for a 50% undivided interest in 850,000 of Chesapeake's net oil and natural gas leasehold acres in the Mississippi Lime play in northern Oklahoma.
According to the terms of the contract, Sempra US Gas & Power has acquired 100-percent ownership of a 625-MW power block and 50-percent undivided interest in plant facilities.