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MIAMI A
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LSDefine
Simple English definitions for legal terms
own
Read a random definition: AMEX
A quick definition of own:
Own: When you own something, it means you have the legal right to it. This means you are the one who is allowed to use it, keep it, and make decisions about it. Just having something in your possession doesn't mean you own it.
A more thorough explanation:
Definition: To have legal title or right to something. Mere possession is not ownership.
Example 1: John owns a car. He has the legal right to use it, sell it, or give it away.
Example 2: Sarah found a lost wallet on the street. She has possession of it, but she does not own it. The rightful owner has the legal title and right to the contents of the wallet.
The examples illustrate that ownership is not just about having something in your possession. It is about having the legal right to use, sell, or give away something. Without legal title or right, possession alone does not constitute ownership.