This page is continued from Law of Property >>>> Property >>>> Ownership >>>> Types of Ownership:
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record owner:
(1863)
1. A property owner in whose name the title appears in the public records.
2. STOCK-HOLDER OF RECORD. [1]
1. The owner of premises under either a legal or equitable title as such ownership appears from the public records of title. Godwin v Gerling, 362 Mo 19, 239 SW2d 352, 40 ALR2d 1250.
See Title of Record. [2]
1. Also referred to as the owner of record; the person who has title to real estate according to the public records.
See record title.
2. The person in whose name stock is registered on the records of the corporation that issued it.
See corporate records. [3]
1. One who is the owner of property (as land or stock) according to current appropriate records (received a tax bill as record owner of the land) — called also the owner of record. [4]
1. The owner of real estate or other property, such as stocks, bonds, etc., at the time of question as revealed by public records. 284 N.Y.S. 777, 785.
The term is frequently found in tax statutes, and therefore has importance in terms of which party is liable for a certain tax. it also may permit a party to have a notice of certain events, such as land foreclosure. [5]
References:
Disclaimer: All material throughout this website is compiled in accordance with Fair Use.
[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4
[2]: Ballantine’s Law Dictionary with Pronunciations Third Edition by James A. Ballantine (James Arthur 1871-1949). Edited by William S. Anderson. © 1969 by THE LAWYER’S CO-OPERATIVE PUBLISHING COMPANY. Library of Congress Catalog Card No. 68-30931
[3]: Ballantine’s Law Dictionary Legal Assistant Edition
by Jack Ballantine (James Arthur 1871-1949). Doctored by Jack G. Handler, J.D. © 1994 Delmar by Thomson Learning. ISBN 0-8273-4874-6.
[4]: Merriam-Webster’s Dictionary of Law Revised (2011) ISBN 978-0-87779-719-7.
[5]: Barron’s Law Dictionary Third Edition by Steven H. Gifis (1975, 1991). ISBN0-8120-4633-1.
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