The person who you give the orange to would own it - as you have willingly given it to him. If he was to "dishonestly appropriate" it i.e. take the orange, knowing that it was yours and you did not intend to give it away, then you would own the orange, and techinally it would be theft.
If the orange was given to the person as a gift, then the recipient becomes the legal owner of the orange. Once the gift is given, the giver relinquishes ownership and rights to the item.
Legal ownership refers to the individual or entity whose name is officially registered on legal documents as the owner of an asset. Beneficial ownership, on the other hand, refers to the individual or entity that enjoys the benefits of owning an asset, even if the legal ownership is held by another party. For example, in a trust, the legal owner is the trustee, while the beneficiary holds the beneficial ownership rights.
If the property is jointly owned, one owner cannot rent it out without the consent of the other owner(s) unless specified otherwise in a legal agreement. It is important to follow proper legal procedures and have consent from all owners to avoid potential disputes or legal issues.
In this scenario, the owner is typically responsible for paying property taxes, even if they do not live on the property. The life tenant, as the person living on the property and benefiting from it, does not typically have a legal obligation to pay property taxes unless specified otherwise in their agreement with the owner.
An illegal occupant is someone who resides in a house without legal permission from the owner or landlord. This situation may arise from squatting, unauthorized subletting, or overstaying a lease agreement. It is important for property owners to take appropriate legal action to address such situations.
In most cases, yes, it is illegal for tenants to add someone to the leased address without the owner's consent. Doing so could violate the lease agreement and potentially lead to legal consequences. It's important for tenants to communicate with the landlord and get approval before adding someone to the lease.
Generally speaking you become the legal owner when the deed is recorded. However, there are troublesome practices in certain states that blur the distinctions of who is the legal owner such as states that allow "contract for deed" transactions.
If you are the registered owner than that is called "Theft".
Yes ... at any time the legal owner can take back what is there's ... so long as it not a gift and that varies from state to state or if the owner is your spouse they can not take it away ...
Yes. If the legal owner transfers the property to you by their deed.Yes. If the legal owner transfers the property to you by their deed.Yes. If the legal owner transfers the property to you by their deed.Yes. If the legal owner transfers the property to you by their deed.
Yes, they do unless the owner chooses to remove them.
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No. Only the legal owner can transfer the title to a new owner.No. Only the legal owner can transfer the title to a new owner.No. Only the legal owner can transfer the title to a new owner.No. Only the legal owner can transfer the title to a new owner.
Jim's legal owner was Miss Watson.
Anybody who fits the legal requirements to drive in that jurisdiction, and has permission from the vehicle's owner, can drive the vehicle.
No, the owner is the person who's name appears on the title. If you buy the car and then it is titled in someone else's name they are the legal owner of the car.
Both. The owner has the ultimate legal liability .
A person who holds property for someone else is known as a "fiduciary" and is typically obligated to act in the best interests of the property owner. This relationship is often governed by laws related to trusts, agency, or other legal arrangements, depending on the specific circumstances. The fiduciary has a duty to manage the property responsibly and to avoid any conflicts of interest.