What does ownership in severalty mean?

Ownership in severalty refers specifically to a type of property ownership where a single individual or entity holds complete title and rights to a property. This means that the owner has the unilateral ability to manage, sell, or otherwise dispose of the property without needing to consult or seek approval from other parties.

This concept is a fundamental aspect of property law, differentiating it from other forms of ownership, such as joint ownership or partnerships, where multiple individuals share an interest in the property. Therefore, ownership by one owner serves to emphasize the exclusivity and the singular control that individual or entity has over the property, which is the hallmark of ownership in severalty.