common interest

common interest
in Scots property law, the right in a piece of property with others, not amounting to a form of ownership. It is to be distinguished from common property.

Collins dictionary of law. . 2001.

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  • common interest development — A type of housing, composed of individually owned units, such as condominiums, townhouses, or single family homes, that share ownership of common areas, such as swimming pools, landscaping, and parking. Common interest developments (also known as …   Law dictionary

  • Common-interest development — Common Interest Developments (abrev. CID) is the fastest growing form of housing in the world today.[1][2] They are commonly known and seen as condominiums, timeshares, planned unit developments along with other titles and descriptions. The… …   Wikipedia

  • Reserves for Common-Interest Developments — Common Interest Developments (abrev. CID) is the fastest growing form of housing in the world today. [cite web| title=Living in a California Common Interest Development| publisher=State of California Department of Real Estate|… …   Wikipedia

  • common interest — shared concern, issue which is of concern to a whole group …   English contemporary dictionary

  • Davis-Stirling Common Interest Development Act — The Davis Stirling Common Interest Development Act is the common name of the portion of the California Civil Code beginning with section 1350 which governs condominium, cooperative, and planned unit development communities in California. It was… …   Wikipedia

  • Uniform Common Interest Ownership Act — The Uniform Common Interest Ownership Act was created to provide a model set of laws to govern condominium, cooperative, and planned unit development communities in the United States. Variations of the act have been adopted in Colorado and some… …   Wikipedia

  • common — com·mon 1 adj 1 a: of or relating to a community at large: public common defense b: known to the community a common thief 2: belonging to or shared by two or more persons or things or by all members of a group …   Law dictionary

  • common property — see property Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. common property …   Law dictionary

  • interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim …   Law dictionary

  • Interest — In ter*est, n. [OF. interest, F. int[ e]r[^e]t, fr. L. interest it interests, is of interest, fr. interesse to be between, to be difference, to be importance; inter between + esse to be; cf. LL. interesse usury. See {Essence}.] [1913 Webster] 1.… …   The Collaborative International Dictionary of English

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