divided interest

divided interest

An interest in some portion of the bundle of rights in real estate,such as a leasehold interest or a remainder interest. (This does not mean a particular percentage of interest or a cotenancy.)

References in periodicals archive ?
Whether in the case of businesses, securities, real estate, or fine art, the appraiser tasked with placing a value on a divided interest faces a set of challenges that are both specific to that interest and general to the proportion of ownership.
We represent only the owners, we don't have a divided interest as some of our competitors do, who act as mortgage correspondents and represent both the institution and the borrows in a financing transaction.
As the joint owner of a number of businesses in the area, including a hairdressers and a pub, Jack's divided interests saw the business fall into disrepair.
This is intended to provide the security needed for evolving a political compromise between the divided interests of the North and the South of the country that led to last year's coup.
Dan, who comes from Sheffield but lives in Gateshead, became aware of his divided interests when he was deciding what to study at university.