A limerick is a five-line poem written with one couplet and one triplet. If a couplet were a two-line rhymed poem, then a triplet would be a. three-line rhymed poem. â¢ Limericks are nonsense verse.
Equitable Title Law and Legal Definition. Equitable title is the beneficial interest of a person whom equity regards as the real owner but the legal right vests with another. For example, a purchaser under a contract for sale has equitable title to the property s/he intended to purchase. In the case of the vendee, the equitable title vests at once, although the bare legal title remains in the vendor as security for the payment of the purchase price.
In other words, fee simple is the deed, and equitable title is the right to obtain the deed in court.   Other Perspectives: If the town takes your property for failure to pay your property taxes you have an equitable interest until your rights of redemption have been barred by a court decree.