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Simple English definitions for legal terms

equitable owner

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A quick definition of equitable owner:

An equitable owner is someone who has the right to use and benefit from something, even if they don't have legal ownership. This can happen when property is held in trust or when someone has a contractual right to something. The equitable owner has the right to sue for infringement and enjoy the benefits of the property, even if someone else holds legal title.

A more thorough explanation:

An equitable owner is someone who is recognized in equity as the owner of something, even though legal title may belong to someone else. This means that the equitable owner has the right to possess, use, and convey the property, even though they may not have legal ownership.

For example, if a property is held in trust, the beneficiary of the trust is the equitable owner of the property, even though legal title is held by the trustee. The beneficiary has the right to use and enjoy the property, and can even sell it, but the trustee has legal control over the property.

Another example of an equitable owner is a corporate shareholder who has the power to buy or sell shares, but is not registered on the corporation's books as the owner.

Overall, an equitable owner has certain rights and interests in a property, even though they may not have legal ownership. This can arise in various situations, such as trusts, intellectual property, and corporate ownership.

equitable mortgage | equitable parent

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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