Tenancy in Severalty

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January 8, 2023
what is Tenancy in Severalty

What Is Tenancy in Severalty?

Ownership in Severalty In real estate and estate planning, a property with only one owner is said to be “tenancy in severalty,” also known as “ownership in severalty.” The idea behind the term is that an owner is “severed” from other owners and holds sole ownership. […]