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The situation in which several persons own together the same property without their ownership being attached to a specific part of the property.
In divided co-ownership, this is so for:
The common portions;
A private portion where it belongs to several persons at the same time (for example, the joint purchase of an apartment by spouses).
23/07/2024
Divided co-ownership is a housing formula that usually has more than one owner. In order to assess and quantify the interest of each person in the building, the legislator has provided that the right of ownership of each owner in the common portions is proportional to the relative value of his…...
13/12/2023
When purchasing real estate, it's important to fully understand the different types of ownership that affect your rights and obligations as a potential buyer. If you're looking for an apartment, ask whether it's part of a divided or undivided co-ownership. While both involve sharing a building among several co-owners, the…...
08/06/2015
The characteristic of divided co-ownership is to divide the building into various lots that will be the exclusive property of the co-owners (private portions), and for others that will be the property of all the co-owners (common portions). These lots are identified by an individual number, which was assigned during…...
14/02/2021
Question: Are the co-owners of a vertical co-ownership considered undivided in the horizontal co-ownership? And if so, what would be the impact on representativeness at the general meeting of the horizontal co-ownership (AGM)? For example, could a few co-owners of a vertical co-ownership act for all the co-owners without having previously held…...
02/03/2010
Question: I do not understand how my right to vote at co-ownership meetings works. As a matter of fact, I am not the sole owner of my unit: my spouse and I are both on the ownership title, we are co-owners of equal shares (50%-50%). I have the impression that if…...