Can a corporation take title in severalty?

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1011630

2026-07-22 07:00

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Yes, a corporation can take title in severalty, meaning it can own property solely in its name, without any co-owners. This ownership structure allows the corporation to hold and manage assets independently, enabling it to enter into contracts, borrow money, and conduct business operations. However, the title must be held in accordance with state laws and the corporation's governing documents.

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