sole and unconditional ownership

sole and unconditional ownership
See sole and unconditional owner

Black's law dictionary. . 1990.

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  • sole and unconditional ownership — Ownership of such dominion that no one else has any interest in the property as an owner and the quality of the estate is not limited or effected by any condition. The ownership of an estate or property without outstanding interest or condition… …   Ballentine's law dictionary

  • unconditional heirs — In Louisiana, heirs who inherit property without any reservation, or without making any inventory. unconditional ownership. Title where the quality of the estate is not limited or affected by any condition. 29A Am J Rev ed Ins § 791. See sole and …   Ballentine's law dictionary

  • sole ownership — Exclusive ownership. An ownership so complete that no other person has any interest in the property. See sole and unconditional ownership …   Ballentine's law dictionary

  • ownership — own·er·ship n: the state, relation, or fact of being an owner; also: the rights or interests of an owner reduced their ownership by one third absolute ownership: ownership esp. by a single person that is free of any encumbrances or limitations… …   Law dictionary

  • both legal and equitable — A phrase elaborating the sole and unconditional ownership clause of a fire insurance policy, meaning, according to some authorities, a vested legal, as well as an equitable, title, but, according to other authorities, no more than an equitable… …   Ballentine's law dictionary

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  • owner — The person in whom is vested the ownership, dominion, or title of property; proprietor. He who has dominion of a thing, real or personal, corporeal or incorporeal, which he has a right to enjoy and do with as he pleases, even to spoil or destroy… …   Black's law dictionary

  • Law, Crime, and Law Enforcement — ▪ 2006 Introduction Trials of former heads of state, U.S. Supreme Court rulings on eminent domain and the death penalty, and high profile cases against former executives of large corporations were leading legal and criminal issues in 2005.… …   Universalium

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