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.
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.
Weststar") regarding an option to earn up to a 80% undivided interest in the Diego property composed of 53 mining claims (the Property ).
Stockholders own a current, undivided interest in the net assets of the corporation.
Shell Pipeline is the operator of the Capline, an undivided interest system in which Shell owns 21.
That guaranteed the election of Valley residents to represent Valley communities, and forced them to give the Valley their undivided interest - or face the consequences at the polls.
The tract of land involved in the litigation has been owned by a large number of family members and the Company has acquired an approximate 62% undivided surface interest in the property and has a right of way/damage settlement agreement with the owners of another 10% undivided interest in the property.
Under the terms of the Joint Venture Agreement ( JVA ) by which TRECan can acquire 49% undivided interest in the Kipawa HREE Deposit, Matamec received $8.
The net proceeds of the offering will be used to fund the purchase by Great Lakes of a 20 percent undivided interest in the Grouse Creek Gold Project from Hecla Mining Company (NYSE: HL) of Coeur d'Alene, Idaho, for approximately $9.
A utility owns a 30% undivided interest in an electric generating facility.
The joint venture anticipates selling undivided interest in the property through a tenant-in-common offering organized by IREX.
170(f)(3)(B)(ii) permits the deduction for a gift of an undivided interest in tangible personal property.