Definitions for "Undivided Interest"
Title to property owned by two or more persons, none of whom are entitled to claim or possess any specific part.
The ownership interest acquired, typically as a pro rata share, in the common elements of a condominium or planned unit development. The owners have full use of the common elements but cannot border their interest from any other owner of the same development. Undivided interest carries with it the responsibility of maintaining a homeowners association along with some form of monthly dues or assessments.
the interest in property owned by tenants whereby each tenant has an equal right to enjoy the entire property