owner


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Owner

The person recognized by the law as having the ultimate control over, and right to use, property as long as the law permits and no agreement or Covenant limits his or her rights.

owner

n. one who has legal title or right to something. Contrary to the cynical adage: "Possession is nine-tenths of the law," possession does not necessarily make one a legal owner. (See: own)

owner

noun claimer, controller, holder, homeowner, householder, land owner, landlord, lessor, legitimate perron entitled to, master, occupier, person holding ownerrhip on record, possessor, property owner, proprietor, record-holder, retainer, title holder
Associated concepts: beneficial owner, co-owner, equiiable owner, general owner, gun owner, joint owners, owner of copyright, part owners, record owner, repeated owner
See also: director, employer, holder, lessor, principal, proprietor, shareholder, tenant

OWNER, property. The owner is he who has dominion of a thing real or personal, corporeal or incorporeal, which he has a right to enjoy and to do with as he pleases, even to spoil or destroy it, as far as the law permits, unless he be prevented by some agreement or covenant which restrains his right.
     2. The right of the owner is more extended than that of him who has only the use of the thing. The owner of an estate may, therefore change the face of it; he may cut the wood, demolish the buildings, build new ones, and dig wherever he may deem proper, for minerals, stone, plaster, and similar things. He may commit what would be considered waste if done by another.
     3. The owner continues to have the same right although he perform no acts of ownership, or be disabled from performing them, and although another perform such acts, without the knowledge or against the will of the owner. But the owner may lose his right in a thing, if he permit it to remain in the possession of a third person, for sufficient time to enable the latter to acquire a title to it by prescription, or lapse of time. See Civil Code of Louis. B. 2, t. 2, c. 1; Encyclopedie de M. D'Alembert, Proprietaire.
     4. When there are several joint owners of a thing, as for example, of a ship, the majority of them have the right to make contracts in respect of such thing, in the usual course of business or repair, and the like, and the minority will be bound by such contracts. Holt, 586; 1 Bell's Com. 519, 5th ed. See 5 Whart. R. 366.

References in classic literature ?
They had a smart battle, before their owners could separate them: that formed an introduction.
And who," I ventured, smiling, "may be the owner of those fine things?
All's well with him; no fear for a hand that's been shot down in his duty to captain and owner.
The Knight of the Rueful Countenance was still very anxious to find out who the owner of the valise could be, conjecturing from the sonnet and letter, from the money in gold, and from the fineness of the shirts, that he must be some lover of distinction whom the scorn and cruelty of his lady had driven to some desperate course; but as in that uninhabited and rugged spot there was no one to be seen of whom he could inquire, he saw nothing else for it but to push on, taking whatever road Rocinante chose- which was where he could make his way- firmly persuaded that among these wilds he could not fail to meet some rare adventure.
Immediately, and according to custom, the ramparts of Fort Saint-Jean were covered with spectators; it is always an event at Marseilles for a ship to come into port, especially when this ship, like the Pharaon, has been built, rigged, and laden at the old Phocee docks, and belongs to an owner of the city.
The last owner who lived here was Edgar Caswall, grandfather of the man who is coming here--and he was the only one who stayed even a short time.
Being a slave owner and like other slave owners a politician, he was naturally an original secessionist and ardently devoted to the Southern cause.
The personal fruition in any man, cannot reach to feel great riches: there is a custody of them; or a power of dole, and donative of them; or a fame of them; but no solid use to the owner.
But my grandfather pleaded hard, for he knew the Monkeys would drown in the river with their wings tied, and Quelala said a kind word for them also; so that Gayelette finally spared them, on condition that the Winged Monkeys should ever after do three times the bidding of the owner of the Golden Cap.
The law may do what it will with the owner of property; its just power will still attach to the cent.
My mother, I suppose, attracted the attention of a purchaser who was afterward my owner and hers.
And the owner of the manly voice, evidently an infantry officer, laughed.