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divided interest

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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.)



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Dan, who comes from Sheffield but lives in Gateshead, became aware of his divided interests when he was deciding what to study at university.
Annotation, Necessity of Trial or Proceeding, Separate from Main Condemnation Trial or Proceeding, To Determine Divided Interest in State Condemnation Award, 94 A.
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.
 
 
 
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