equitable title

Definition of "equitable title"
  1. Ownership rights in property established by fairness principles, even when the legal ownership is registered under another person's name
How to use "equitable title" in a sentence
  1. The real estate developer held an equitable title to the land, although the legal title was registered under his partner's name.
  2. The complex dispute centered around which party held the equitable title to the property.
  3. Despite the property being in their parent's name, the children had equitable title through a family agreement.

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