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(4) The term ?interest in land? means any ownership or possessory right with respect to real property, including ownership in fee, an easement, a leasehold, and any subsurface or mineral rights.
What Does Ownership Interest Mean? In real estate, ownership interest in a property refers to the rights that one or multiple owners hold on the investment. In the case of multiple owners, the ownership interest is usually split based on the amount invested in the property.
Specifically, ?right? means a legal right that can arise in all sorts of ways, ?title? means legal ownership and ?interest? means both of the above plus anything else that may be related to the thing no matter how remote or esoteric.
Ownership interest refers to any stake a party owns in any property, company, real estate, product, etc. If there is only one owning party then only this party has ownership interest. If there are several parties involved ownership interest is either equally divided or ing to the amount invested by each party.
Anytime you have ?interest? in a property, it means you have a right to the property, whether it's through ownership or a security. ?Ownership interest? simply means that you have all of the rights that come with owning a property.