California Civil Code 685 – An interest in common is one owned by several persons, not in joint …
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An interest in common is one owned by several persons, not in joint ownership or partnership.
(Enacted 1872.)
Terms Used In California Civil Code 685
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.