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Scott, o www.DealmakersCafe.com, c US 2005.10.06 19:03:21 -05'00' I am the author of this document BEFORE ME, the undersigned authority, on this day personally appeared who being first duly sworn deposes and says that they have Equitable Interest in the property described as (enter legal description below): Also known as: (insert street address, city, state, zip) An agreement was entered into by and between the undersigned,.

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An equitable interest arises where there is an interest in the property, but no legal title exists. However, this title is not “true ownership”, and ordinarily, this type of interest can be overridden by legal ownership. The only way an equitable interest can be enforced is by the Court.

An equitable title gives a person the right to enjoy the benefits that come with the ownership of a property despite them not being the legal titleholders.

An equitable interest arises in circumstances where someone may have a legitimate interest in a property, without being the legal owner of it. As it is not “true ownership”, it can be overridden by legal ownership and the only way that it can be enforced is by a Court with requisite jurisdiction.

An example of equitable interest is the beneficiary's interest in a trust or a silent partner's interest in a partnership. Meanwhile, in a real estate transaction, the seller holds legal interest; the buyer, equitable interest[2]. Equitable interest can also represent a person's financial interest in the property.

An equitable interest arises in circumstances where someone may have a legitimate interest in a property, without being the legal owner of it. As it is not “true ownership”, it can be overridden by legal ownership and the only way that it can be enforced is by a Court with requisite jurisdiction.

An equitable ownership interest is a form of ownership or right of use that exists without legal title to the property. For example, a person regarded as the real owner because of his investment in the property, but the legal title is in someone else's name has an equitable ownership interest in the property.

The legal title of a property refers to the legal ownership which comes with the right to control the property in compliance with the law. An equitable title gives a person the right to enjoy the benefits that come with the ownership of a property despite them not being the legal titleholders.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232