Question \#3 of 60 Which is the same as sole ownership? A) Joint tenancy B) Ownership in severalty C) Tenancy at sufferance D) Tenancy in common

You might be surprised to learn that "ownership in severalty" does not refer to a different type of ownership but rather to sole ownership of property by an individual. This means only one person holds the title, leading to full control of the property without input from others. In practice, this type of ownership is common for individuals looking to maintain complete authority over a property, whether it's a house, an investment, or land. It makes financial and legal decisions much simpler since there's no need to consult with co-owners!