What type of property ownership is identified as ownership in severalty?

Ownership in severalty refers specifically to a situation where a single individual possesses complete ownership of a property, without any shared interest with others. This concept is fundamental in property law, where the sole owner has full control, rights, and responsibilities regarding the property. This ownership type allows the individual to make decisions about the property, including selling, leasing, or altering it, without needing consent from co-owners or partners.

In contrast, co-ownership or shared types of ownership, such as joint tenancy or shared partnership, involve two or more individuals or entities having an interest in the property. These arrangements typically require the agreement of all parties for decisions affecting the property, which is not the case under ownership in severalty. Therefore, the definition aligns perfectly with the characteristics of sole ownership, reinforcing that the correct identification is indeed ownership in severalty.