life estates, remainder interests, reversionary interests, and annuity interests in property where the beneficial ownership of property is split between two or more persons
a unit or share, a percentage, and it usually refers to partnership or corporate stock ownership interests
a deeded undivided percent in the ownership of land.
Ownership in property that is shared between 2 or more persons
Any interest less than a whole. For example: a spouse's community interest or a tenancy in common.
Ownership of property that is less than 100% or on a lower level than fee simple.
A shared ownership in a piece of property. May be divided among two or more parties.
An interest in land that is less than full fee ownership. (See also fee and fee simple.)
A less than fee simple interest in real property.
Divided or undivided rights in real estate that represent less than the whole.