equitable title

Another may own the equitable title such as the beneficiary.

But you may well have an equitable title.

In either case, equitable title remains with the borrower.

When a contract for the sale of land is executed, equitable title passes to the buyer.

Note that this approach to balancing property rights does not consist of adjusting legal or equitable title.

Legal and equitable title also arises in trust.

First, the equitable title must exist; it can be brought into existence by the courts, such as in Constructive trusts.

Automatic resulting trusts arise from a "gap" in the equitable title of property.

Clarke LJ held that equitable title could transfer without registration.

If the legal and equitable title merge in the same person, the trust is considered nonexistent under the so-called merger doctrine.

He obtained legal title to the money and, since he was not a trustee, equitable title as well.

In doing so, the court rejected the Macaura principle that limited an insurable interest to those having legal or equitable title to an asset.

At common law equitable title is the right to obtain full ownership of property, where another maintains legal title to the property.

The trustee then issues a deed conveying the legal and equitable title to the property in fee simple to the highest bidder.

Once the conditions have been met (or waived), the buyer has "equitable title" and conveyancing proceeds or may be compelled by court order.

As the buyer pays more toward the principal of the loan over time, his(her) equity (equitable title or equitable interest) in the property increases.

Properties that are sold on the basis of equitable title have a legal chain of title intact, and a recorded transfer with the local municipality.

In title-theory states, a mortgage continues to be a conveyance of legal title to secure a debt, while the mortgagor still retains equitable title.

The borrower's equitable title normally terminates automatically by operation of law (under applicable statutes or case law) at the trustee's sale.

In Pawlett the equitable title was vested in the plaintiff, the legal title in the Crown.

In other jurisdictions, the disseisor acquires merely an equitable title; the landowner is considered to be a trustee of the property for the disseisor.

When the landlord rents his property the Lessee is vested with equitable title and the peaceable enjoyment of the property during his or her tenure.

If the charge, in its substance and measure, be true in point of fact, the law considers the plaintiff as coming into court without any equitable title to relief.

At the point of settlement in CREST, equitable title will pass to the ACD.

A court in equity has no jurisdiction over a suit based upon an equitable title to real estate unless the nature of the relief asked for is also equitable.