indivision

Definition of "indivision"
  1. A condition of unified completeness or when a property is held jointly by multiple owners, each retaining equal and unsegregated claim over the entire property
How to use "indivision" in a sentence
  1. The siblings inherited the house in indivision, thus each having an equal stake in it.
  2. In the event of a divorce, property may be held in indivision until a settlement is reached.
  3. When they purchased the property, they agreed it would remain in indivision, meaning they all hold an equal interest.

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