Perfect Equity Law and Legal Definition
Perfect equity is an equitable title or right that lacks only the formal conveyance or other investiture that would make it cognizable at law to become a legal title. The equity of a real estate purchaser who has paid the full amount for the property, but who has not yet received the title to the property is an example of a perfect title.
Legal Definition list
Related Legal Terms
- Action in Equity
- Actus Inceptus Cujus Perfectio Pendet Ex Voluntate Partium Revocari Potest, Si Autem Pendet Ex Voluntate Tertiae Personae, Vel Ex Contingenti, Revocar
- Brand Equity
- Broadly Diversified International Equity Funds
- Clog on Equity of Redemption
- Common Stockholders' Equity
- Court of Equity/Chancery
- Debt to Equity
- Debt to Equity Ratio
- Debt-Equity Swap