Warning
Info
Warning
Info
Simple English definitions for legal terms
indivisum
Read a random definition: pro forma amendment
A quick definition of indivisum:
Term: INDIVISUM
Definition: Indivisum refers to property that is held in common and has not been divided. This term comes from Roman law and means that the property is not split up among different owners. It is still owned by all the people who have a share in it.
A more thorough explanation:
INDIVISUM
Indivisum (in-di-vI-səm or -zəm) is a Latin term used in Roman law to describe property that is held in common and not divided.
- Two siblings inherit a house from their parents and decide to keep it as indivisum, meaning they both own the property equally and neither can sell or divide it without the other's consent.
- A group of friends purchase a vacation home together and hold it as indivisum, meaning they all have an equal share in the property and must make decisions together regarding its use and maintenance.
These examples illustrate the concept of indivisum as property that is jointly owned and cannot be divided or sold without the agreement of all owners. This type of ownership is often used for family or group properties to ensure that everyone has an equal stake and say in its use and management.