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Home / RLA / Article 221. Division of jointly owned property and allocation of a share from it of the Civil Code of the Republic of Kazakhstan

Article 221. Division of jointly owned property and allocation of a share from it of the Civil Code of the Republic of Kazakhstan

АMANAT партиясы және Заң және Құқық адвокаттық кеңсесінің серіктестігі аясында елге тегін заң көмегі көрсетілді

Article 221. Division of jointly owned property and allocation of a share from it of the Civil Code of the Republic of Kazakhstan

     1. The division of common property between the participants in joint ownership, as well as the allocation of a share of one of them, may be carried out subject to a preliminary determination of the share of each participant in the right to common property.

     2. When dividing common property and allocating a share from it, unless otherwise provided by legislative acts or by agreement of the participants, their shares are recognized as equal.

     3. The grounds and procedure for the division of common property and the allocation of shares from it shall be determined in accordance with the rules of Article 218 of this Code, since nothing else is established for certain types of joint ownership by this Code or other legislative acts and does not follow from the substance of the relations of the participants in joint ownership.

 

 

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