SEVERALTY Meaning and
Definition
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Severalty is a legal term that refers to the ownership of real estate or property by an individual person or entity. In severalty, the ownership rights are exclusive to a single owner, who has full control over the property without any joint or shared interests with others.
The concept of severalty is often contrasted with concurrent ownership, where multiple individuals or parties jointly own a property. In severalty, the owner has absolute authority to use, sell, lease, or transfer the property as they see fit, without the need for the consent or agreement of others.
Severalty can be established through various means, such as purchasing property solely in one's own name, inheriting property individually, or converting a joint ownership into sole ownership through a legal process. It is a common form of property ownership for individuals, corporations, and other entities looking to have complete control and autonomy over their assets.
The term "severalty" has its roots in the word "sever," which means to separate or divide. In this context, it signifies the act of dividing or separating ownership, granting individual exclusive rights and control over a specific property.
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A state of separation from the rest, or from all others.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Common Misspellings for SEVERALTY
- aeveralty
- zeveralty
- xeveralty
- deveralty
- eeveralty
- weveralty
- swveralty
- ssveralty
- sdveralty
- srveralty
- s4veralty
- s3veralty
- seceralty
- seberalty
- segeralty
- seferalty
- sevwralty
- sevsralty
- sevdralty
Etymology of SEVERALTY
The word "severalty" dates back to the early 17th century and is derived from the Middle English word "severalties" or "severaltie", which came from the Old French term "severalté". The Old French word, in turn, can be traced back to the Latin word "severālitās", which is derived from the adjective "severus", meaning "strict" or "serious".
Similar spelling words for SEVERALTY
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