Whitbeck, 5 Utah, 406, 16 Pac
Categories: Contracts
Definition (1910 Edition)
403; Beringer v. Lutz, 188 Pa. 364, 41 Atl 643.—~—Imperfect title. One which requires a further exercise of the granting power to pass the fee in land, or which does not convey full and absolute dominion. Paschal vy. Perez, 7 Tex. 367; Paschal v. Dangerfield, 3g Tex. 300.—Legal title. One cognizable or enforceable in a court of law, or one which ig complete and perfect so far as regards the apparent right of ownershi possession, but which carries no bencficial interest in the property, another person being equitably entitled thereto; in either case, the antithesis of “equitable title."—Lucrative title. In the civil law, title acquired without the giving of anything in exchange for it; the title by which a person acquires anything which comes to him as a clear gain, as, for instance, by gift, descent, or devise. Opposed to ‘“‘onerous title,” as to which see infra—Marketable title. See that title—Onmerous title. In the civid law, title to property acquired by the giving of a valuable consideration for it, such as the payment of money, the rendition of services, the performance of conditions, the assumption of Obligations, or the discharge of liens on the property; opposed to “lucrative” title, or one acquired by gift or otherwise without the giving of an equivalent. See Scott v. W. 13
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain.
UK commentary and modern updates are original additions. This entry is for educational
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