Title Law & Legal Definition
In law of property, title is the sum total of legally recognized rights to the possession and ownership of property. It is the union of all elements such as ownership, possession and custody constituting the legal right to control and dispose of property. It can be considered as the legal link between a person who owns property and the property itself.
In its broadest sense title refers to all rights that can be secured and enjoyed under the law. Title to property ordinarily signifies an estate in fee simple, which means that the holder has full and absolute ownership.
Example of a case law mentioning the term.
It is well established by Minnesota decisions that a contract for the sale of land, part of the purchase price being paid, vests in the vendee an equitable title in fee with the bare legal title remaining in the vendor as security, and upon payment the vendor holds it in trust for the vendee.[Stiernagle v. County of Waseca, 511 N.W.2d 4, 5 (Minn. 1994)]
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