👉 Quarterage is a method of distributing property rights in a legal context. It involves dividing a property into equal shares or portions, and allowing each party to have a share that represents their proportionate share of the total value of the property. For example, if a person owns a piece of land with 50% ownership, they would receive an equal portion of the entire land based on their share of the land's value. In this situation, quarterage is a common method used to distribute property
