equitable owner

Upon the father's death, the son claimed to be the equitable owner.

After his death the son, claiming to be the equitable owner, obtained a court judgment forcing the trustees to convey the land to him.

When his father died, the son claimed to be the equitable owner and the court ordered the testamentary trustees to convey the land to him.

Indian law does not recognise "double ownership", and a beneficiary of trust property is not the equitable owner of the property in Indian lawnn.

Gemalto contended that the MSA was only an agreement to assign and not an assignment and it was the equitable owner of the copyright.

The requirement for two trustees to receive the money is intended to reduce danger of one trustee running off with money to the detriment of the equitable owners.

It also held that the children were the equitable owners of the shares, and, as such, Vanderwell had divested himself of equitable ownership of the shares.

It is thus a historical term relating to the law of trusts and equity, referring to the owner of a legal title of a property when he is not the equitable owner.

An Anti-alienation clause is a provision in the governing document for an arrangement such as a trust that specifies that the beneficial or equitable owner of the property held in that arrangement cannot transfer the interest to a third party.

Equitable conversion is a doctrine of the law of real property under which a purchaser of real property becomes the equitable owner of title to the property at the time he/she signs a contract binding him/her to purchase the land at a later date.

Although the mortgagor has parted with the legal interest in the hereditaments mortgaged, he remains the equitable owner of all his interest not transferred beneficially to the mortgagee, and he may still deal with his property in any way consistent with the rights of the mortgagee.

Then-Associate Justice Roger J. Traynor (later Chief Justice) of the Supreme Court of California held: "The equitable owners of a corporation, for example, are personally liable . . . when they provide inadequate capitalization and actively participate in the conduct of corporate affairs."

The rule broadly provides that where the equitable owner of an asset purports to dispose of his equitable interest on two or more occasions, and the equities are equal between claimants, the claimant who first notifies the trustee or legal owner of the asset shall have a first priority claim.