DIFFERENCE BETWEEN UNDIVIDED OWNERSHIP & ABSOLUTE OWNERSHIP
UNDIVIDED OWNERSHIP
- The land do not have any specific dimensions.
- The land do not have any proper and specific four boundaries.
- The owners do not enjoy any absolute ownership in the property.
- UDS of land alone is not a marketable property.
- UDS of land alone without any building cannot be mortgaged to a bank.
- Enforcement of security UDS of land is not possible.
- Part of the UDS alone cannot be sold
ABSOLUTE OWNERSHIP
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- The lands have proper and specific dimensions.
- The lands have proper and specific four boundaries.
- The owners enjoy absolute ownership of the entire property.
- The lands are marketable property.
- The lands can be mortgaged as collateral security to banks.
- Enforcement of security is not a problem to the banks if mortgaged.
- Part of the land can be sold to any outsider