What Apportionment Means in Law?

The legal term apportionment (French: apportionement; Mediaeval Latin: apportionamentum, derived from Latin: portio, share) means distribution or allotment in proper shares. It is a term used in law in a variety of senses.

What do apportionment means?

Apportionment describes the allocation of a loss between all of the insurance companies that insure a piece of property. Apportionment can refer to real estate or the distribution of economic benefit. Apportionments most often applies when two or more insurance policies are taken out with the same insured party.

What is apportionment in property law?

Apportionment in respect of estate may result either from the act of the parties or from the operation of law. ... Apportionment by estate simply means transferring of property to several person whereby distribution of benefits and obligation arising out of property between those several owners takes place.