Equitable Ownership definition
Equitable Ownership means the ownership of voting interest and/or equity interest in a non-natural Person which shall be represented by shares of stock, certificates of membership, certificates of partnership, partnership interests, or other indicia of ownership.
Examples of Equitable Ownership in a sentence
Existing Mortgages Does the seller have to pay off any existing mortgages No Equitable Ownership Do the rental payments give the tenant any title interest in.
Assignment of Contracts and Rights; Equitable Ownership..........................