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Owelty

Bouvier's Law Dictionary and Concise Encyclopedia · John Bouvier; revised by Francis Rawle · 1914

Bouvier's Law Dictionary and Concise Encyclopedia

The difference which is paid or secured by one coparcener or eotenant to another for the purpose of equalizing a partition.

Littleton § 251; Co. Lift. 100 a; Long v Long, 1 Watts (Fa.) 205; 10 Viner, Abr. 220, pi. 3.

See Barkley v. Adams, 158 Pa. 30(1, 27 Atl. 808; Reed v. Deposit Co., 113 Fa. 578, 6 Atl. 103. A charge on land for owelty of partition follows the land into the hands of a purchaser from the person to whom it was allotted; and the statute of limitation does not run against it, as the possession is not adverse; Dobbin v. Rex, 100 N. C. 444, 11 S. E. 200.