Undivided Interest In Land Texas Without A Lease
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FAQ
Any co-tenant may sell or convey his undivided interest in the property, but such sale will only convey an undivided interest, and the buyer or assignee will become a co-tenant with the other owners.
???????? Joint Tenancy: Joint ownership of property in which each co-owner owns an undivided interest in a portion of the whole property. ? Passes to survivor of the co-owners.
An undivided interest means that two or more persons have an interest in a property held under the same title. The undivided interest encompasses the whole property, and its holders have equal rights to the entire property.
This can often be done without going back to court if both parties agree on how to divide the property. If you and your former spouse cannot agree on what to do with undivided community property, either of you may file a ?Suit for Post-Dissolution Partition? under Texas Family Code 9.201.
An undivided interest means that two or more persons have an interest in a property held under the same title. The undivided interest encompasses the whole property, and its holders have equal rights to the entire property.