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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Price v. District of Columbia Rental Housing Commission, 512 A.2d 263 (1986)

Citation
Price v. District of Columbia Rental Housing Commission, 512 A.2d 263 (1986)
Parent Document
Price v. District of Columbia Rental Housing Commission, 512 A.2d 263 (1986)
Jurisdiction
DC (municipal)
Effective Date
1986-07-03

Other Sections in This Document (71)

Full Text

725 chars
If the property is a kind which has record title ... or is carried in a given name, ... there is a presumption of some vigor that the named owner is the beneficial owner. However, the presumption is not symmetrical. Record title in the firm is much more indicative of firm ownership than is individual title of individual ownership. The explanation for the lopsided presumption is easy. Title would rarely be placed in partnership unless the ownership were intended to be there too. But title is often taken in individual names when ownership by the firm is intended, in anticipation of real or imagined difficulties in later transferring good title to a buyer. J. Crane & A. Bromberg, supra, § 37(c) (footnotes omitted). 2 .