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Distinguish between equitable title and bare legal title.

User Nfort
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Final answer:

Equitable title refers to the right to use and enjoy a property, while bare legal title refers to the formal legal ownership.

Step-by-step explanation:

Equitable title and bare legal title are two concepts related to property ownership. Equitable title refers to the right to enjoy and use a property, while bare legal title refers to the formal legal ownership of the property.

For example, let's consider a trust arrangement where one person holds the legal title to a property, but another person has the equitable title. The person with the equitable title has the right to use and enjoy the property, while the person with the legal title holds it in trust and must follow the wishes of the equitable title holder.

In summary, equitable title represents the beneficial interest in a property, while bare legal title represents the formal legal ownership.

User Amitavk
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