E=Dillon;2645821]i understand exclusive ownership and constructive possession, do you?
sorry, if you are confused and dont understand the Title laws.
Equitable title versus legal title
The equitable title refers to the use of a property, whereas a legal title implies actual ownership. An example of such is a trust. In a trust, one person may own the legal title, such as the trustees. Another may own the equitable title such as the beneficiary.
The proof of legal ownership for a vehicle is the Manufacturer's Certificate of Origin (MCO) or the Manufacturer's Statement of Origin (MSO)
also know as the Legal Title.
The proof of equitable ownership for a vehicle is the title certificate,
also know as the Equitable Title or in some States the certificate of title.
The Bill of Sale is Proof of Legal Ownership/actual possession and is alsol Legal Title to the vehicle.
The acceptable proof for constructive ownership/possession is the (Equitable Title) which is the title certificate from any STATE.
The (Legal Title) a.k.a. the bill of sale and/or the MCO/MSO for actual ownership.
All States hold Legal Title to our vehicles and we hold Equitable Title unless we hold the Bill or Sale and the MSO/MCO.
if the STATE holds legal title to our cars, maybe thats how one's car can be towed without the police needing a warrant, You Think?