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Related to Legal Title: equitable title


1. The right of ownership over a piece of tangible or intangible property. In countries and economic systems recognizing private ownership, title represents a recognition by government and society that a person or organization owns something.

2. A certificate acknowledging title. See also: Stockholder of record.


A title is a legal document proving ownership of a piece of property.

If you are buying real estate you authorize a title search, or examination of property records, to insure that the seller holds the title and has the right to transfer it.

In most cases, if you're taking a mortgage to buy the property, the lender will require you to arrange title insurance to protect its interest until the full amount of the loan has been repaid. You may also arrange for your own title insurance to protect you from losing your property if your ownership is successfully contested.


(1) All the elements that create the highest legal right to own,possess,use,control,enjoy,and dispose of real property or an inheritable right or interest in it.(2) The rights of ownership recognized and protected by the law.

References in periodicals archive ?
ii) If, more unusually, the claimant's equitable interest arises under a sub-trust, so that X is a trustee for the claimant not of the legal title but of an equitable interest under a head trust, X's disposition will be of an equitable interest in the property.
and burdens of ownership of the machines under Federal income tax principles during the period the manufacturing occurs except that legal title to the machines is not transferred to X until final manufacturing of the machines is completed.
Professor Favre suggest that it is possible and appropriate to divide living property into its legal and equitable components, and then to transfer the equitable ,title of an animal from the legal title holder to the animal herself.
28 against 11 residents living on the site, says the Russian government has legal title to the 1,560-square-meter plot located in Minami-Yamate Machi in downtown Nagasaki.
In a separate move, the European Union has welcomed the issue of travel documents as legal title to free movement, subject to visa regulations.
Although the beneficial interest - and voting rights - in shares in Sedgefield Steeplechase (1927) Ltd would pass to Northern Racing, the legal title would remain with those shareholders who have agreed to sell to Clarke's company, according to information which emerged in London's High Court yesterday.
It refunds costs "lost"because of gazumping and other events that might halt a purchase in its tracks - such as death, redundancy, an adverse valuation survey, the seller suddenly withdrawing from the deal and legal complications such as the seller turning out not to have legal title to the property
In other words, the court treated the original locator as though the patent had issued even though legal title had not yet passed.
In order to help them, the taxpayer's brother and sister-in-law purchased the home for the taxpayers, taking legal title in their own name and obtaining the mortgage in their own name.
Back in December 1991, heavily armed students from the Ateret Cohanim yeshiva forcibly occupied six Arab homes in the neighborhood of Silwan, claiming to hold legal title.
A foundry should establish a legal title history of the real estate involved.