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They are held as a full interest for a specified period of time. For the times you use it, the interest is undivided.

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They are held as a full interest for a specified period of time. For the times you use it, the interest is undivided.

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Typically yes

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Yes. You are free to sell you interest to any willing buyer.

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pass through certificate

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Although the language you used in your question doesn't sound quite right it seems to infer that there is a common driveway shared by lots 1 and 2 and they also share the ownership interest in that common driveway.

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