Section 19: Acquisition of Undivided Interests in Property Acquired (for State)Anchor: #i1005116
When two or more undivided interest owners own property, it is preferable to acquire all interests in one transaction. However, if an interest holder is unable or reluctant to execute a conveyance deed for his or her interest and the need to condemn such interest is indicated, the interests held by owners willing to negotiate may be acquired as a separate transaction. This is possible since an undivided interest is an exact fraction of the total interest and pro rata payment of the total approved value can be made. The separate closing and payment for an undivided interest should only be done when the title commitment verifies a specific undivided interest in such party and a title policy can be issued for such interest.