Undivided Interest Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Undivided Interest, written in plain English, along with examples of how it is used.

What is Undivided Interest?

(n) When a property or right is owned by more than one person in which their respective share in the property or in the benefit accruing out of it is not quantified, then such right in the property is called undivided interest in the property. An example is a park owned by the residents of a particular locality.