What is a share? | ScriptaLegal
Personal Business Packages & Subscriptions
Français About us Create a free account Log in
Interactive legal guides Legal frequently asked questions Legal blog Videos
ONLINE LEGAL DOCUMENTS

What is a share?

The share indicates that there is concurrence of the undivided co-owners (persons being part of the undivided co-ownership) in the holding of the property by quantifying their respective interests in the property. The share measures the portion of the expenses to be borne by each of the undivided co-owners, the proportion of fruits and revenues susceptive to return to them etc. In the absence of such provisions, the shares of the undivided co-owners are presumed to be equal.

Save... Make contracts and legal documents for your condo online

This browser does not support this kind of file. Please download the file to view it: Download the file