Legtit
- A “legal title” is “One cognizable or enforceable in a court of law, or one which is complete and perfect so far as regards the apparent right of ownership and possession, but which carries no beneficial interest in the property, another person being equitably entitled thereto; in either case, the antithesis of ‘equitable title.’" Wheeler v Ballard, 91 Kan. 354, 137 p.789.790...
- “An equitable title is a right in the party to whom it belongs to have the legal title transferred to him; or the the beneficial interest of one person whom equity regards as the real owner, although the legal title is vested in another.” Black’s Law Dictionary 3rd “Equitable Title” p 1734.
- BENEFICIAL INTEREST is the, “Profit, benefit, or advantage resulting from a contract, or the ownership of an estate as distinct from the legal ownership or control.” While the BENEFICIAL USE is, “the right to use and enjoy property according to one’s own liking or so as to derive a profit or benefit from it…" Black’s Law Dictionary 3rd p 206
- “The ultimate ownership of all property is in the State; individual so-called ‘ownership’ is only by virtue of Government, i.e., law, amounting to mere user; and use must be in accordance with law and subordinate to the necessities of the State.” Senate Document No. 43; SENATE RESOLUTION NO. 62 (Pg 9, Para 2) April 17, 1933.
- "My people are destroyed for lack of knowledge: because thou hast rejected knowledge, I will also reject thee, that thou shalt be no priest to me: seeing thou hast forgotten the law of thy God, I will also forget thy children." Hosea 4:6