Legal Ownership
/ˈliːɡəl ˈəʊnərʃɪp/
Definitions
- (n.) The recognized and enforceable right to possess, use, and dispose of property under the law.
Legal ownership of the property was transferred after the registration was completed.
Forms
- legal ownership
Related terms
See also
Commentary
Legal ownership denotes formal and recorded rights, distinct from equitable or beneficial interests.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.