equitable title

equitable title
A title which is recognized as ownership in equity, whatever cognizance may be taken of it at law, for example, the title of the vendee under a contract for the sale of real estate. 56 Am J1st V & P § 356. A title which is not a legal title and is enforceable only in a court of equity, except as statutes or modern rules of practice have wiped out the distinction between an action at law or a suit in equity. A title derived through a valid contract or relation, and based on recognized equitable principles; the right in the party, to whom it belongs, to have the legal title transferred to him. Harris v Mason, 120 Tenn 668, 115 SW 1146; Estate of Folwell, 68 NJ Eq 728, 62 A 414.

Ballentine's law dictionary. . 1998.

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  • equitable title — see title Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Equitable title — In law, an equitable title refers to the actual enjoyment and use of a property whereas a legal title implies actual ownership. An example of such is a trust. In a trust, one person may own the legal title, such as the trustees. Another may own… …   Wikipedia

  • equitable title — noun : the title or right by which an equitable estate is held …   Useful english dictionary

  • equitable title — rights on property listed in another s name …   English contemporary dictionary

  • title — ti·tle n [Anglo French, inscription, legal right, from Old French, from Latin titulum inscription, chapter heading, part of the law that sanctions an action] 1 a: the means or right by which one owns or possesses property; broadly: the quality of …   Law dictionary

  • equitable — eq·ui·ta·ble / e kwi tə bəl/ adj 1: having or exhibiting equity: dealing fairly and equally shall allocate...appropriations in an equitable manner U.S. Code 2: existing or valid in equity or as a matter of equity as distinguished from law an… …   Law dictionary

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  • Equitable interest — An equitable interest is an interest held by virtue of an equitable title (a title that indicates a beneficial interest in property and that gives the holder the right to acquire formal legal title) or claimed on equitable grounds, such as the… …   Wikipedia

  • title — A mark, style, or designation; a distinctive appellation; the name by which anything is known. Thus, in the law of persons, a title is an appellation of dignity or distinction, a name denoting the social rank of the person bearing it; as duke or… …   Black's law dictionary

  • equitable — Just; conformable to the principles of justice and right. Existing in equity; available or sustainable by action in equity, or upon the rules and principles of equity. See equitable action. As to equitable assets equitable construction equitable… …   Black's law dictionary

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