If a multi-level building is divided into children, it will not be called undivided property or undivided land. Undivided property or land refers to a type of ownership where more than one owner shares the same property or land without any clear boundaries or subdivisions. When a building is divided into children, each child will have a separate and defined share of the property or land.
Undivided property and undivided land are similar terms that mean the same thing. They both refer to the proportionate share of the land on which a property is built. For example, if you buy an apartment in a residential complex, you will have an undivided share of the land on which the entire complex is built.
If the division of a multi-storey building takes place, it will depend on the terms and conditions of the sale deed or the cooperative society agreement. Generally, the owners of the apartments will have a right to their undivided share of land based on the area of their flat and the total area of the plot. However, some factors like parking space, common amenities, floor rise, etc. may also affect the calculation of the undivided share of land.
If a multi-level building is divided into children, will it be called undivided property (aka undivided land?)? 2) Is undivided property the same as undivided land? 3) In the above example if the division of multi-storey building takes place, will it cease to be ancestral property?
vishalsharma222
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2023-09-05T08:27:36+00:00 2023-09-05T08:36:01+00:00Comment
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