VALUER WORLD

KEY DIFFERENCE BETWEEN UNDIVIDED OWNERSHIP & ABSOLUTE OWNERSHIP

DIFFERENCE BETWEEN UNDIVIDED OWNERSHIP & ABSOLUTE OWNERSHIP

UNDIVIDED OWNERSHIP

  1. The land do not have any specific dimensions.
  2. The land do not have any proper and specific four boundaries.
  3. The owners do not enjoy any absolute ownership in the property.
  4. UDS of land alone is not a marketable property.
  5. UDS of land alone without any building cannot be mortgaged to a bank.
  6. Enforcement of security UDS of land is not possible.
  7. Part of the UDS alone cannot be sold

ABSOLUTE OWNERSHIP

    1. The lands have proper and specific dimensions.
    2. The lands have proper and specific four boundaries.
    3. The owners enjoy absolute ownership of the entire property.
    4. The lands are marketable property.
    5. The lands can be mortgaged as collateral security to banks.
    6. Enforcement of security is not a problem to the banks if mortgaged.
    7. Part of the land can be sold to any outsider
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