Outstanding Rights Law and Legal Definition
Outstanding rights refer to encumbrances, obligations, or liens on a property. If any outstanding rights are found in a lease, they must be properly released or excepted in the title policy.
The following is an example of a case law on outstanding rights:
If the outstanding rights in the property are such that the enjoyment thereof can be secured to the holder of such rights by making the partition subject thereto, the cotenant may enforce either a division or a sale of the property subject to such outstanding rights. [Hunt v. Meeker County Abstract & Loan Co., 128 Minn. 207 (Minn. 1915)].
