ostensible ownership
- The property's perceived ownership that may not be the true ownership, which can be acknowledged in situations when an innocent third party buys the property
- Despite the papers proving her claim, she only had ostensible ownership and had to give up the property once the real owner came forward.
- Through ostensible ownership, he was able to deceive the investors about the actual condition of his assets.
- In the event of a purchase, ostensible ownership can create complications if the actual owner emerges later.
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