What type of ownership does "in severalty" imply regarding property?

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The term "in severalty" refers specifically to property ownership by a single individual, indicating that the owner has sole rights to the property and control over it without any shared interests. This type of ownership allows the individual complete autonomy to make decisions regarding the property such as selling, leasing, or altering it without the need for consent from others.

In contrast, joint ownership, shared ownership, or ownership in a trust involves multiple parties or entities, which means rights and responsibilities are divided among them. Thus, "in severalty" distinctly emphasizes individual ownership, making it the correct interpretation of this term in real estate.

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