Definitions for "Legal owner"
Lessees Interest Lien Waiver (waiver Of Liens)
The owner of the legal title to land. When trustees are appointed, they become the legal owners of the land. The names of the trustees, not the beneficiaries, will appear on the title. (See also Beneficial owner and Beneficiary.)
The term is used to distinguish the legal owner from the equitable owner and not as opposed to an illegal owner. The legal owner has title to the property, although the title may actually carry no rights to the property other than to act as a lien.