Final answer:
The main advantage of owning property in severalty is the sole control it grants to the owner, allowing complete autonomy over the property without any shared responsibilities or consensus from others.
Step-by-step explanation:
The primary advantage of owning a property in severalty is Sole control: The owner has complete control and decision-making authority over the property without the requirement for agreement from other co-owners. This means that the individual has autonomy over all decisions pertaining to the property, including its use, management, and sale.
Owning a property in severalty means that there are no shared responsibilities or liabilities with partners as one would find in a general partnership, where each partner is subject to the financial risks, including the potential loss of personal assets due to the business's debts. In severalty, the owner maintains complete control of the property and is the sole recipient of any profits from the property, which contrasts with a partnership where profits and losses are shared among the partners.
In contrast to forms like sole proprietorship or general partnership, ownership in severalty doesn't expose the owner's personal assets to the liabilities of the property beyond the property itself. More importantly, it allows for personal decision-making without needing consensus, a direct contrast to the partnership model of joint decision-making.