IV. Dissolution

1. Grounds

Joint ownership in undivaided shares is dissolved:

1.

by agreement or notice of termination;

2.

on expiry of the period for which ownership in undivaided shares was established, providing it is not tacitly renewed;

3.

on realisation of a co-owner’s share of the property that has been distrained;

4.

if a co-owner is declared bankrupt;

5.

at the request of a co-owner for good cause.