Actioeommuni Dividundo is a Latin legal term that refers to a legal action or lawsuit filed by co-owners of a property or asset seeking its division or partition. This action is typically initiated when the co-owners are unable to agree on how to divide the property or asset among themselves. The purpose of Actioeommuni Dividundo is to legally enforce the division or partition of the property or asset, ensuring that each co-owner receives their rightful share. This legal action may involve the sale of the property or asset and the distribution of the proceeds among the co-owners, or it may result in a physical division of the property or asset into separate portions.
Actio communi dividundo is a legal action that allows co-owners of a property to divide and distribute the property among themselves. This action is typically used when co-owners cannot agree on how to use or manage the property. The action can be initiated by any co-owner and requires a court order to divide the property. The court will consider factors such as the value of the property, the interests of each co-owner, and any agreements or arrangements between the co-owners. Once the property is divided, each co-owner will have exclusive ownership of their portion of the property.
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This glossary post was last updated: 29th March 2024.
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