Indivision - Legal lexicon
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Legal lexicon > Indivision

Indivision

When there is more than one owner for a given immovable/real estate property, they are deemed to own said property in indivision. That is to say that each of them has rights in the entire property according to the percentage established among themselves.

Indivision is most often established in a contract or agreement, but it may also result from a succession, for example, an immovable/real estate property that would be inherited by three heirs.

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