Sentences with phrase «determining legal ownership»

Determining legal ownership (which is something that couples often ignore during their marriage) becomes very important in calculating the effect of the Act.

Title Search An examination of municipal records to determine the legal ownership of property.

Not exact matches

The percolating squall is shaping up to be the latest in a long history of clashes over «new» land on the lakefront, all made more complex by the vague legal language that determines ownership.

This would usually involve an examination of the financial and wider relationship between and conduct of the parties with a view to determining whether there is an express trust (a clear agreement that the beneficial ownership of the asset in question is different from its legal ownership), a resulting trust (arising, usually, from a direct financial contribution to the asset in question) or a constructive trust (where, in short, it would be unconscionable for the beneficial ownership to reflect the legal ownership).

Only once it has determined both legal and beneficial ownership can the equalization analysis take place.

Thiѕ includes future pay checks frоm work bеfоrе passing, household goods, property аnd аnуthing еlѕе thаt ownership саn bе determined bу vаriоuѕ forms оf legal documents.

If the river bed isn't registered, and no unregistered title documents exist, then ownership will be determined by established legal presumptions.

Searched public records and examined titles to determine legal condition of property title: Examined copies of records, such as deeds of trust, liens, judgments, easements, vital statistics, and plat and map books to determine ownership and legal restrictions and to verify legal description of property.

Legal separation determines the rights as well as responsibilities of the important aspects of a married couple's relationship, such as child custody, child visitation, debt and property ownership.

To ensure there are no other rights of ownership, claims or liens on the home you're purchasing, a title company will perform a title search to determine that the seller has the legal right to be selling the property.

With this disclosure, consumers can determine if the additional cost for insurance to protect themselves from losses that result from a title defect and to provide a legal defense from challenges to their legal ownership of the property they are acquiring would be appropriate.