OWELTY

6 definitions found across Law Mind sources

OWELTYAuthored
The Law Mind • 904 words
Definition
Owelty (also spelled ovelty or ovealty) is a sum of money paid by one co-owner to another to equalize shares following a partition of property that cannot be divided into precisely equal portions. When land or other property is partitioned among coparceners or co-tenants but the physical division produces unequal shares — either because the property is indivisible or because its nature prevents exact apportionment — the party receiving the more valuable share pays owelty to the other to make both portions equivalent in value. The payment may be made outright or secured as a charge against the land itself.
Common Language
Modern common usage (Wiktionary): equality. Historical common usage (Webster's 1913): equality — sometimes written ovelty and ovealty. The ordinary meaning and the legal meaning are not far apart in concept, but a researcher who encounters "owelty" in a legal instrument and reads it simply as "equality" will miss its operational significance: owelty is not just the abstract state of equality but the specific monetary mechanism used to achieve it in the context of partition. The word names a payment obligation, not merely a condition.
Common Confusion
Owelty is sometimes confused with partition itself. Partition is the division of commonly held property; owelty is the monetary adjustment that may accompany a partition when the physical division produces unequal shares. A partition can occur without any owelty (if equal division is achieved without a payment), but owelty cannot exist without a preceding or concurrent partition. Additionally, a charge for owelty of partition — a lien securing the payment — is distinct from the owelty payment itself and follows the land into the hands of subsequent purchasers, a consequence that catches researchers and practitioners off guard.
Why It Matters in Research
Owelty appears in property records, conveyancing instruments, equity pleadings, and partition proceedings across several centuries, and its meaning has remained relatively stable — which itself is a research trap. Because the word is archaic and unfamiliar, modern researchers sometimes treat it as a curiosity or skip past it. In historical deed records and partition deeds, a recital of owelty signals that the instrument creates or satisfies a charge on land. That charge travels with the land, meaning a title researcher examining a chain of title must trace whether any owelty obligation was discharged before a subsequent conveyance or mortgage. In equity practice, courts of equity had jurisdiction to impose owelty in partition suits when physical division was inequitable. Researchers working in pre-merger equity records — particularly chancery proceedings — should expect owelty to appear in the decree itself or in a subsequent deed of confirmation. The decree may impose the payment obligation without the instrument language that would appear in a common-law partition. Jurisdictional variation in the treatment of owelty as a lien matters for title work. Some states codified owelty expressly in partition statutes; others relied on equity principles alone. When researching in states with older land records, the absence of a statutory framework does not mean owelty charges were unavailable — it means they operated through equity and may appear in court decrees rather than deed records. Corpus researchers should also note that the spelling variants — ovelty, ovealty, owelty — appear inconsistently even within a single jurisdiction's records. Index searches that rely on a single spelling may miss relevant instruments.
Historical Dictionary Support
The historical dictionaries converge on the core meaning with reassuring consistency. Burrill identifies owelty as an old English law term meaning "equality" and notes the spelling variants, attributing the forms to Cowell — a useful pointer to the pre-Blackstone English legal lexicon. Black's (both editions) situates owelty within the phrase "owelty of partition" and explains the equalization function clearly. Bouvier adds the most operationally useful information: the charge for owelty of partition follows the land into the hands of a purchaser, a point the other dictionaries omit or understate. Bouvier also cites Story's Equity Jurisprudence and Littleton, grounding the term in its equity and feudal common-law roots. The Rapalje & Lawrence and Anderson's entries in the source material do not address owelty directly — the retrieved text reflects adjacent entries — so researchers should not treat their silence as indicating the term was unrecognized; it is simply absent from the retrieved passages. What the historical dictionaries collectively underemphasize is the procedural dimension: how owelty was imposed, secured, and discharged in actual litigation. For that, researchers must move from dictionary definitions to the equity practice treatises, particularly Story's Equity Jurisprudence and treatises on partition.
Jurisdictional Note
Owelty as a concept is recognized across American jurisdictions that derived their property law from English common law and equity, but its treatment as a statutory lien versus an equitable charge varies by state. Some jurisdictions — particularly in the Southwest — have also adapted owelty into modern contexts involving homestead partition, where owelty liens are used to enable partition of homestead property between divorcing spouses without forcing a forced sale. Researchers working in Texas property law will encounter owelty of partition in this distinct modern context.
Related Terms
Partition — Coparcener — Co-tenancy — Tenancy in common — Partition in kind — Charge on land — Lien — Equalization payment — Coparcenary — Common — Allotment — Partition deed — Decree of partition
OWELTYmain
Black's Law Dictionary • 1891
Equality. This word is used In law in several compound phrases, as fol- lows: 1. Owelty of partition is a sum of money paid by one of two coparceners or co-tenants to the other, when a partition has been ef- fected between them, but, the land not be- ing susceptible of division into exactly equal shares, such payinent is required to make the portions respectively assigned to them of equal value. 2. In the feudal law, when there is lord, mesne, and tenant, and the tenant holds the mesne by the same service that the mesne holds over the lord above him, this was called Tomlins. "owelty of services." 3. Owelty of exchange is a sum of mon- ey given, when two persons have exchanged lands, by the owner of the less valuable es- tate to the owner of the more valuable, to equalize the exchange.
OWELTYmain
Rapalje & Lawrence • 1883
OVER.-In conveyancing, the word "over" is used to denote a contingent limitation intended to take effect on the failure of a prior estate. Thus, in what is commonly called the "name and arms clause" (q. v.) in a will or settlement, there is generally a proviso that if the devisee fails to comply with the condition the estate is to go to some one else. This is a limitation or gift over. Wats. Comp. Eq. 1110. OVER, (in a statute). 47 Iowa 507; 2 Allen (Mass.) 107-110. OVER DUE, (when a promissory note is not). 4 Barn. & C. 325. 2. Ship. An overdue ship is one of which news has not been received for such a time as to give rise to the presumption or probability that she has been lost. See Stubley v. Imperial Marine Ins. Co., 1 Q. B. D. 507. OVERFLOWING LANDS, (right of, is a servitude). 4 McCord (S. C.) 96. - NORMAN-FRENCH: ouwele, equal; from Latin, equalis. Britt. 187 b. 1. Owelty of exchange.-Where an
OWELTYmain
Anderson's Dictionary of Law • 1890
En route. On the way. See ROUTE. An endowment policy is an insurance into which enters the element of life. In one respect it is a contract payable in the event of a continuance of life; in another, in the event of death before the period specified.1 By the endowment of a school, hospital, or chapel is commonly understood, not building or purchasing a site for the institution, but providing a fixed revenue for its support.2 The "endowment of a religious or educational corporation" refers to that particular fund, or part of En ventre. In the womb; unborn. See the fund, of the institution, bestowed for its more per- Ouster le main. Take out of the hand. See OUSTER. See MAINER; MAINOR; MAINPERNOR; MAINPRIZE; MAINTAIN; MANNER; MORTMAIN. Money paid, or secured, by one co-tenant to another, to equalize a partition of their realty. Somewhat in the nature of purchase-money for land.2 A court of equity, with a view to the more convenient and perfect partition or allotment of the premises, may decree a pecuniary compensation to one of the parties for owelty or equality of partition, so as to prevent injustice or unavoidable inequality.3 Where equal partition in value cannot be made of any shares or purparts, the inquest shall equalize them by valuing them respectively, and award that any one or more shall be subject to the payment of such sum of money as shall be equal to the difference in value of any other share or shares, and shall return the same with their inquest; which sum or sums, when final judgment shall be rendered on the writ, shall be a lien on the lands designated to pay the same.4
OWELTYn.
Websters Unabridged Dictionary (1913) • 1913
Equality; -- sometimes written ovelty and ovealty. Burrill.
oweltynoun
Wiktionary (English) • 2026
Wiktionary contributorsCC BY-SA 4.0 • via Kaikki
Extracted and formatted for display by Law Mind. Source link opens the current Wiktionary page and its contributor history; it is not a frozen copy of this extract.
equality

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