Definition: Equitable title is a beneficial ownership interest recognized in equity, often including the right to obtain legal title upon satisfying a valid agreement.
Example
Under an enforceable contract for deed, the buyer holds an equitable interest while the seller retains legal title pending performance.
Keep the distinction clear
Equitable title is not identical to possession or recorded legal title. The contract and applicable law determine the buyer's rights.
Related terms
Contract for Deed · Title · Vendee
Keep studying
Deeds, Abstracts, Title Opinions, and Title Insurance
References: California DRE: real estate glossary
Pronunciation (US): EK-wih-tuh-buhl TY-tuhl (capitals show stress)
Pronunciation reference: Merriam-Webster
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