incorporeal ownership
Definition from Nolo’s Plain-English Law Dictionary
Not ownership of a thing, but ownership in a right related to a thing. For example, if you own piece of land, that is corporeal ownership. But if you own a right of way on that piece of land, that is incorporeal ownership. (See also: corporeal ownership)
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:17 pm