undivided interest


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Noun1.undivided interest - the interest in property owned by tenants whereby each tenant has an equal right to enjoy the entire property
stake, interest - (law) a right or legal share of something; a financial involvement with something; "they have interests all over the world"; "a stake in the company's future"
References in classic literature ?
"I'll meet you outside, after the last act," Martin whispered, the while his face showed undivided interest in the buck-and-wing dancing on the stage.
The very morning that his eldest child, Eudosia, made her valuable acquisition, in my person, Henry Halfacre, Esq., was the owner of several hundred lots on the island of Manhattan; of one hundred and twenty-three in the city of Brooklyn; of nearly as many in Williamsburg; of large undivided interests in Milwaukie, Chicago, Rock River, Moonville, and other similar places; besides owning a considerable part of a place called Coney Island.
The Company has the Option to earn a 60% undivided interest in Arctic Star Exploration Corp.'s ('Arctic Star') wholly-owned Stein diamond project by discovering in-situ kimberlite.
The Company holds an undivided 51% interest in the property, and holds an option to earn a further 24% undivided interest in exchange for cash payments totaling C$2,750,000 to Vanstar and the delivery of an NI 43-101 compliant Resource Estimate and Technical Report before March 2022.
Ethos can earn a 50% undivided interest in the gold rights at Iron Point from Victory Metals Inc.
a contract of sale, in which he only sells the undivided interest or the proportionate share of the co-owned property; or
First quarter 2019 results included a $207 million gain related to the exchange of MPC's undivided interest in the Capline Pipeline system for an equity ownership in a newly formed entity.
Carter u revocable trust; Conveyance; PT Sec T8SR10E & PT Sec 31 T7SR10E (Undivided Interest).
The company holds a 100% in the high-grade Windfall Lake gold deposit located between Val-d'Or and Chibougamau in Quebec and holds a 100% undivided interest in a large area of claims in the surrounding Urban Barry area and nearby Quevillon area (over 3,300 square kilometres).
The company holds a 100% in the high-grade Windfall Lake gold deposit located between Val-d'Or and Chibougamau in QuA(c)bec and holds a 100% undivided interest in a large area of claims in the surrounding Urban Barry area and nearby Quevillon area (over 3,300 square kilometres).
The Condominium Act defines the condominium, thus: 'A condominium is an interest in real property consisting of separate interest in a unit in a residential, industrial or commercial building and an undivided interest in common, directly or indirectly, in the land on which it is located and in other common areas of the building.' It is a condominium corporation that shall be the entity created holding 'title to the common areas, including the land, or the appurtenant interests in such areas in which the holders of separate interest shall automatically be members or shareholders, to the exclusion of others, in proportion to the appurtenant interest of their respective units in the common areas.'
Gill Ranch Storage owns a 75% undivided interest in the Gill Ranch facility, located outside of Fresno, California, amounting to approximately 15 Bcf of underground natural gas storage capacity.