Legal Definitions - titulo universali

Titulo Universali

Titulo Universali is a legal term that means inheriting an ancestor's estate through a universal title. This means that the heir receives all of the assets and liabilities of the estate, rather than just specific items or amounts.

For example, if a person inherits their grandfather's estate through a universal title, they would receive everything that belonged to their grandfather, including property, money, and debts. This is different from inheriting specific items, such as a piece of jewelry or a sum of money.

Another example would be if a company acquired another company through a universal title. The acquiring company would take on all of the assets and liabilities of the acquired company, rather than just purchasing specific assets or shares.