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ESTATE IN SEVERALTY

Categories: Property

Definition (1910 Edition)

grant or otherwise, out of a larger one, leaving in the original owner an ulterior estate immediately expectant on that which is so derived; the latter interest being called the “particular estate,” (as being only a small part or particula of the original one,) and the ulterior interest, the “reversion.” 1
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain. UK commentary and modern updates are original additions. This entry is for educational reference only and does not constitute legal advice.