Owelty definition
Owelty means an equitable remedy in a partition action used to equalize the value of the property a party receives through the payment of a sum of money from a recipient of a higher value property to the recipient of a lower value property.
Owelty means an equitable remedy in a partition action
Owelty means an equitable remedy in a partition action used to equalize the value of the property a party receives through the payment of a sum of money from a recipient of
Examples of Owelty in a sentence
By a Deed of Conveyance dated 30th December, 2014 and registered in the Office of the District Sub-Registrar - IV, South 24-Parganas in Book No. I, CD Volume No.3, Pages from 219 to 238, being Deed No.00359 for the year 2015, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ sold to Owelty Merchants Private Limited, the Owner No. 1.11 herein, 10 Decimal in R.S. & L.R. Dag No. 676 included in the Said Property.