Proindiviso

Situation in which a property belongs to several people by quotas — two siblings at 50%, three heirs in equal shares — without any of them being able to point to which physical part is theirs. Each co-owner pays expenses according to their quota and important decisions require agreement. The law forces no one to remain in co-ownership: any co-owner may request the division at any time. The exits, from best to worst: selling the whole property by common agreement, one buying out the others through a termination of co-ownership, selling one's own share to a third party (at a heavy discount, and the other co-owners hold a right of first refusal), or going to court, which faced with an indivisible asset will end up ordering an auction — the worst possible price. Selling by agreement almost always wins.