The right of use and possession of a property is best described as which type of title?

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Equitable title refers to the right of use and possession of a property, as it represents the benefits and interests of ownership, even if the actual legal title rests with another party. When an individual holds equitable title, they are entitled to enjoy the property and may gain certain rights, such as the ability to receive profits from it or make decisions regarding its use. This often occurs in situations like contracts for deed or tenancy where the individual has an agreement that gives them rights but does not mean they hold the formal legal title.

In terms of understanding the broader context of the different types of titles, legal title would indicate formal, recorded ownership of a property, while constructive title relates to situations where ownership is recognized by law despite not meeting the traditional criteria. Title by lien pertains to property that serves as collateral for a debt, thus affecting ownership rights but not indicating actual possession. Therefore, the concept of equitable title is central when discussing rights to use and possess a property without necessarily holding legal ownership.

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