| Address: | 8300 E Maplewood Dr #100, Greenwood Village, CO 80111, USA |
|---|---|
| Postal code: | 80111 |
| Phone: | (720) 454-5776 |
| Website: | http://www.eqescrow.com/colorado |
| Monday: | 8:00 AM – 5:00 PM |
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| Tuesday: | 8:00 AM – 5:00 PM |
| Wednesday: | 8:00 AM – 5:00 PM |
| Thursday: | 8:00 AM – 5:00 PM |
| Friday: | 8:00 AM – 5:00 PM |
| Saturday: | Closed |
| Sunday: | Closed |
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In real estate law, "equitable title" refers to a person's right to obtain full ownership of a property or property interest. A common example of how legal and equitable title work is in a trustee situation. Let's suppose that a property owner wants to transfer property to beneficiaries through a trust.
Equitable title is the benefits the buyer will get to use and enjoy when he or she becomes the legal owner. In other words, someone with equitable title could not argue that he or she was the legal owner or possessor of the property in a court of law.
This title was previously published under the title of 'Law for Business Studies Students'. Act 1998. 337-39, 454. Since trusts are by no means the only situations where a person may obtain an equitable title to property (for example, an informal assignment of an insurance policy as security for...
Definition of EQUITABLE TITLE: The portion of control that a buyer has while a party in a contract for deed or an installment contract for the property; the ability Did you find this definition of EQUITABLE TITLE helpful? You can share it by copying the code below and adding it to your blog or web page.
Definition of equitable title in the Financial Dictionary - by Free online English dictionary and encyclopedia. Equitable title has been determined appropriate because the "paramount constitutional requirement of just compensation must be allowed to prevail over the niceties of legal...
Equitable Title Agency hours and Equitable Title Agency locations along with phone number and map with driving directions. Equitable Title Agency - Shawnee Mission. 10100 Santa Fe Drive Suite 306, Shawnee Mission KS 66212 Phone Number:(913) 385-1250.
Equitable title is the beneficial interest of a person whom equity regards as the real owner but the legal right vests with another. In the case of the vendee, the equitable title vests at once, although the bare legal title remains in the vendor as security for the payment of the purchase price.
Equitable title separates from legal title upon the death of the legal title holder (owner). For example: When a person having legal title to property dies, heirs at law or beneficiaries per the last will, automatically receive equitable interest in the property.
An equitable interest is an "interest held by virtue of an equitable title (a title that indicates a beneficial interest in property and that gives the holder the right to acquire formal legal title) or claimed on equitable grounds, such as the interest held by a trust beneficiary."