limited owner

An owner whose interest in the property is not absolute, but qualified. Griffith v Charlotte, Columbia & Augusta Railroad Co. 23 SC 25. See limited estate.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • limited owner — noun : a person having an ownership that is not absolute or perfect (as one for a limited period) …   Useful english dictionary

  • limited owner — A tenant for life, or by the curtesy, or other person not having absolute ownership …   Black's law dictionary

  • limited liability — Shareholders in a limited company are only liable to third parties to the limit of their shareholding. Other participants e.g. directors would not normally have any personal liability except with respect to creditors where there has been wrongful …   Law dictionary

  • limited equity housing — (Also referred to as limited equity housing cooperatives, or LEHCs.) An arrangement designed to encourage low and moderate income families to buy their own place to live. The housing is offered for sale, usually by a nonprofit organization, at an …   Law dictionary

  • Limited liability company — This article is about a U.S. specific business entity form. For limited liability companies in the United Kingdom, see Limited company. For a general discussion of entities with limited liability, see Corporation …   Wikipedia

  • limited liability — a liability restricted by law or contract, as the liability of owners of shares in a corporation or limited company, or that of a special partner. [1850 55] * * * Condition under which the loss that an owner (shareholder) of a business may incur… …   Universalium

  • limited liability —    The maximum amount a business owner or investor can lose if the business is subject to debts, claims or other liabilities. An owner of a limited liability company or an investor (shareholder) in a corporation usually stands to lose only the… …   Business law dictionary

  • owner — The person in whom is vested the ownership, dominion, or title of property; proprietor. He who has dominion of a thing, real or personal, corporeal or incorporeal, which he has a right to enjoy and do with as he pleases, even to spoil or destroy… …   Black's law dictionary

  • Limited-access road — For roads with an uninterrupted flow of traffic, commonly referred to as a motorway or freeway, see Controlled access highway. The Veterans Memorial Parkway in London, Ontario is a modern at grade expressway A limited access road known by various …   Wikipedia

  • Owner-occupier — An owner occupier (also known as an owner occupant or home owner) is a person who lives in and owns the same home. It is a type of housing tenure. The home of the owner occupier may be, for example, a house, apartment, condominium, or a housing… …   Wikipedia

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