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What is undivided share of land?
What is undivided share of land?
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The undivided share of land is like owning a piece of a pie instead of the whole pie. In real estate, it means that when you buy a property like an apartment, you also own a part of the land it sits on along with other owners. You don’t have a specific piece of land for yourself; instead, you share ownership of the entire land with everyone else who owns property in the same building or complex.