How many owners can there be in a tenancy in severalty?

In a tenancy in severalty, ownership is characterized by the fact that a single individual holds the entire interest in the property. This means that there is only one owner who has exclusive rights to the property, which includes the rights to sell, lease, or mortgage the property without needing permission from any co-owners, as there are none.

The concept of tenancy in severalty is important because it highlights the distinct nature of individual ownership that differs from other forms of co-ownership, such as joint tenancy or tenancy in common, where multiple individuals share ownership of the property. In summary, the defining feature of tenancy in severalty is the sole ownership, which clearly identifies that only one owner can exist in this arrangement.