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Results for "apportionments"

Apportionments

Definition: Apportionments are a term in English law referring to dividing or distributing property among several parties. They typically involve a formal process where property rights and legal obligations between two or more owners are divided up fairly. In most jurisdictions, apportions are usually based on fair market value, where the sum of all individual claims is subtracted from the total property value to determine just what each party has.


apportionments