Title which is enforceable in a court of law, or title which is perfect in its right of ownership and possession, but carries no beneficial interest in the property.
Usually title without ownership rights, such as title in a vendor under a land sale contract.
technical ownership of a property, such as that by a lender holding the deed to an encumbered property, even though the property is owned and occupied by a private party.
Legal title refers to a situation where a lender holds the deed to a property, and therefore technically retains ownership--even if a private party currently owns the property and resides there.
Legal right to ownership of property in the country concerned. In certain countries this may be a conferred right and insufficient to meet the requirements of a due diligence search.
Unambiguous right to ownership of property, supported by written evidence.
The bundle of rights of ownership that a person acquires in purchasing a piece of property, which may be defended against competing interests.
Title to property that is enforceable in court regarding apparent rights to ownership and possession.
"Registered ownership" of an asset. Refers to the person(s) whose name is on the deed, signature card, registration certificate, etc.
Land title that is recognized as complete, enforceable, and perfect.
The manner in which property ownership is recorded with the county in which the property is located .
As opposed to an equitable interest, refers to the formal ownership of the property.
The bundle of rights of ownership that a person acquires in purchasing a piece of property, which are capable of defending against competing interests.
A document of property ownership recorded with the county where the property is located .
