👉 In the context of real estate or finance, a "nettings" refers to a type of property where each piece of land is owned by multiple parties. Each party has a separate legal title and interest in the land, with no joint ownership. This can be particularly useful for subdividing existing properties into smaller lots, which can then be developed as individual properties or sold separately. For example, a homeowner could own a lot of land that they are planning to develop into a single-family home subdivision.