Beneficial interest

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.”^[1]

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…"^[2]

While Americans once came to America to own their own land something else seems to have taken place since that early struggle. “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.”^[3]

Footnotes

↑ Black’s Law Dictionary 3rd p 206
↑ Black’s Law Dictionary 3rd p 206
↑ Senate Document No. 43; SENATE RESOLUTION NO. 62 (Pg 9, Para 2) April 17, 1933.

[1] Black’s Law Dictionary 3rd p 206

[2] Black’s Law Dictionary 3rd p 206

[3] Senate Document No. 43; SENATE RESOLUTION NO. 62 (Pg 9, Para 2) April 17, 1933.

[1]

[2]

[3]

Beneficial interest

Footnotes

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