In this paper we give a complete local parametric classification of the hypersurfaces with dimension at least three of a space form that carry a totally geodesic foliation of codimension one. A classification under the assumption that the leaves of the foliation are complete was given in cite{drt} for Euclidean hypersurfaces. We prove that there exists exactly one further class of local examples in Euclidean space, all of which have rank two. We also extend the classification under the global assumption of completeness of the leaves for hypersurfaces of the sphere and show that there exist plenty of examples in hyperbolic space.
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