Which term refers to the rights associated with legal ownership of a property?

The term that refers to the rights associated with legal ownership of a property is legal title. Legal title signifies that the individual holds complete ownership and has the right to possess, use, and convey the property as they wish. This includes the ability to sell, refinance, or otherwise transfer the property.

In contrast, equitable title refers to a person's benefits or interests in the property, such as the right to enjoy its use or obtain profits from it, but it does not confer full legal ownership. Contingent title generally refers to a situation where the ownership rights depend on certain conditions being met and therefore does not establish clear ownership. Future title implies potential ownership that has not yet been realized but does not reflect current legal rights. Thus, legal title is the correct term when discussing the full spectrum of rights linked to actual ownership of property.