Indivisible refers to something that cannot be divided into smaller parts. For instance, when multiple individuals jointly own something and are unable to split it into separate portions, it is referred to as an indivisible share.
Indivisible is an adjective that describes something that cannot be divided or shared among multiple individuals. For instance, an indivisible debt is a debt that cannot be split between multiple people. If two individuals co-signed a loan, they would both be fully responsible for the entire amount of the loan, rather than splitting it evenly. The term “indivisible” signifies that something cannot be separated or divided into parts. It can also be used in various other contexts, such as property ownership or legal agreements, to indicate that something is jointly held by multiple individuals without being divided into shares.
In a legal context, indivisible refers to something that cannot be divided or separated into parts. This could apply to property, rights, or obligations.
In some cases, indivisible property may be subject to division in a divorce, depending on the laws of the specific jurisdiction and the circumstances of the case.
Indivisible contracts are generally enforceable, as they are considered to be binding agreements that cannot be divided or separated.
Indivisible rights may be waived in some cases, but it depends on the specific rights and the applicable laws.
If one co-owner of indivisible property wants to sell their share, they may need to seek a legal remedy such as a partition action to force the division or sale of the property.
Indivisible debts may be discharged in bankruptcy, but it depends on the specific circumstances and the type of debt involved.
Indivisible assets in estate planning may require special consideration and planning to ensure that they are distributed or managed in accordance with the individual’s wishes.
Indivisible rights in a business partnership may impact the decision-making process and the distribution of profits and losses among the partners.
Indivisible property may be used as collateral for a loan, but the lender may require additional assurances or legal documentation to protect their interests.
Indivisible assets in a divorce settlement may require careful consideration and negotiation to ensure that both parties receive a fair and equitable distribution of property.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 17th April 2024.
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