title

title
The legal estate in fee, clear of all valid claims, liens, and encumbrances whatsoever, or expressed differently, the ownership of land without any rightful participation by any other person in any part of it. Porter v Noyes, 2 Me 22. The union of all the elements which constitute ownership, at common law divided into possession, right of possession and right of property, the last two now, however, being considered essentially the same. Carroll v Newark, 108 NJ 323, 158 A 485, 79 ALR 509. The foundation of ownership; the basis of a person's right or the extent of his interest. The means whereby an owner is enabled to maintain or assert his possession and enjoyment. 42 Am J1st Prop § 36. The right of an owner considered with reference either to the manner in which the property has been acquired or its capacity of being effectually transferred. 42 Am J1st Prop § 36. Under the Uniform Stock Transfer Act, title means legal title and does not include a merely equitable or beneficial ownership or interest. Lyons v Freshman, 124 Mont 485, 226 P2d 775, 23 ALR2d 1165. See equitable title; legal title; ownership.

Ballentine's law dictionary. . 1998.

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