equitable interest

Definition of "equitable interest"
  1. It's the claim one can make over a property due to their equitable title, or the relief they might seek in fairness, even if the legal title isn't in their name
How to use "equitable interest" in a sentence
  1. The former tenant could not sell the house because it was subject to an equitable interest.
  2. Despite not being the legal owner, he held an equitable interest in the property due to his significant contributions to it.
  3. An equitable interest gave the plaintiff the ability to raise objections against the sale of the asset.

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