Perfect Equity – an equitable title or right that, to be a legal title, lacks only the formal conveyance or other investiture that would make it cognizable at law (i.e. the equity of a real-estate purchaser who has paid the full amount but has not yet received a deed)

perfect equity:
(1821)

1. An equitable title or right that, to be a legal title, lacks only the formal conveyance or other investiture that would make it cognizable at law; especially, the equity of a real-estate purchaser who has paid the full amount due but has not yet received a deed. [1]

References:

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[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4

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Legal Precepts Adopted (from Europe) into The U.S. Constitution

§ § of Law Embedded into the Constitution Pursuant to the American Revolution

Indian Country Law

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