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What are the differences between Legal Right and Equitable Right?

This article describes the differences between Legal Right and Equitable Right.

Legal Right

  1. Legal rights are recognized by the courts of common law of England.
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  1. A registered mortgage is a legal mortgage.
  2. These are certain rights.
  3. Where these two rights conflict, legal rights prevail.

Equitable Right

  1. Equitable rights are recognized by the courts of chancery.
  2. A mortgage of property by simply keeping the title deeds with the creditor is an equitable mortgage.
  3. These are uncertain rights.
  4. When these two rights conflict with each other, equitable rights become weaker than legal rights.
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