Property OwnershipQuestion 14 of 120
Ownership of real property by one person or a single legal entity alone is called ownership in:
a.Common
b.Partnership
c.Severalty
d.Joint tenancy
Explanation
Ownership in severalty means title is held by one individual or entity severed from all others. Despite the word's root, it refers to sole ownership, not multiple owners. Co-ownership forms such as joint tenancy and tenancy in common involve two or more owners.
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