Wednesday, May 15, 2024, 4:25 AM
Site: Burk Baker School of Real Estate & Appraising
Course: DEMO (DE101)
Glossary: Real Estate Glossary
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OWNERSHIP, IN INDIVISION - Civil Law TermA Louisiana term for a fractional owner. The fractions need not be proportionate. Each owner retains the right to a partition of the property and his or her interests are freely transferable. |
OWNERSHIP, SOLE - Civil Law TermA Louisiana term similar to ownership in severalty. |