Tenancy in Severalty

Estate in Severalty
Estate in severalty refers to property ownership by a single person or legal entity, with no shared aspect of control or ownership by others.
Tenancy in Severalty
Tenancy in severalty refers to the ownership of property by a single person or a single legal entity. It is a form of ownership where the owner has exclusive rights and control over the property.

Accounting Terms Lexicon

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