Legal title
Legal title in the Dictionary of Law consisting of Judicial Definitions and Explanations of Words, Phrases and Maxims
A right in the nature of ownership cognizable by, and enforceable in, a court of law. Thus, the legal title to land conveyed remains in the vendor until all the purchase money has been paid; while the vendee acquires an equitable title only. Jennisons v. Leonard, 21 Wall. 309 (1874).
Note: This legal definition of Legal title in the Dictionary of Law (English and American Jurisprudence) is from 1893.
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Concept of Legal Title in the context of Real Property
A short definition of Legal Title: Usually title without ownership rights, such as the title placed in a trustee under a deed or trust, or the title in a vendor under a land contract.
Concept of Legal Title in the context of Real Property
A short definition of Legal Title: Usually title without ownership rights, such as the title placed in a trustee under a deed or trust, or the title in a vendor under a land contract.
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