It, likewise, has sovereignty over all the other territories belonging to the Philippines by historic right or legal title
When a trust is created, we separate legal title
(sometimes loosely called 'ownership') from equitable or beneficial title ('ownership').
Equitable title to property (whether land or goods) thus involves divided ownership, legal title
being in A and beneficial ownership in B.
The most appropriate design of an LTIP must be assessed on a case-by-case basis and will depend on a variety of factors, including the type and size of legal entity, whether legal title
to the shares will be transferred to employees, and whether it would be appropriate for the company to establish a separate legal structure to hold a pool of shares (and any legal and accounting implications which may then arise for the company).
199 deduction because: (1) The legal title
factor favored the IRS.
When asked for comment, Idjirani said, "The Sultanate of Sulu condemned Malaysia's act as inhuman and un-Islamic and does correspond to all forms of standard as Malaysia has no historic rights and legal title
over North Borneo (Sabah) to justify its cracking down and deporting Filipinos from Sabah," he said.
Insurance claims will be payable to a pre-defined beneficiary or legal title
THE principle of adverse possession enables people who do not have a legal title
to land or property to claim ownership when they have occupied the land without consent for a specified period of time.
A supervisor forged a property certificate copy which falsely said he had the legal title
to the flat, located in the Discovery Gardens.
At settlement, legal title
to Greenacre was transferred from the seller to B, subject to the MLT agreement.
of the participating interest in Block 15 under
A trust is an arrangement under which one person, a trustee, holds legal title
to property for another person, called a beneficiary.
The firm takes legal title
to all of its material, is not a broker and does not work on commission.
The IRS noted that holding legal title
to an asset is not necessarily dispositive of the issue of who owns the assets for tax purposes, and found that it was necessary to examine the facts and circumstances to determine who possesses the "benefits and burdens" of ownership.
"The Plaintiffs invested life savings into what they believed were vacation or retirement dwellings with valid legal title
issued by the TRNC," papers seen by the Telegraph claim.