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Personal rights, rights in personam, such as those like the Missives of Sale (i.e.: a contract for the sale of corporeal heritable property) alone does not transfer the real right of ownership in itself. [5] Without a conveyance, i.e.: the deed of disposition, and public act (see below), real rights cannot be validly created in Scots law.
(2) A void title is one where the ostensible (i.e. the apparent) owner has no legal basis for ownership. A void voluntary transfer commonly occurs where the disponer (i.e. the seller) has no ownership of the property sold or he lacks transactional capacity and has transferred the property to the disponee (i.e. the buyer).
Conditions of registration: transfer of unregistered plot (1) The conditions are that— (a) the application is made by the grantee of the disposition [i.e. the person receiving the property] or as the case may be the person in whose favour is the notice of title [i.e. a liquidator, trustee-in-bankruptcy, executor etc. assuming ownership]
Property law in the United States is the area of law that governs the various forms of ownership in real property (land and buildings) and personal property, including intangible property such as intellectual property. Property refers to legally protected claims to resources, such as land and personal property. [1]
Properties that are sold on the basis of equitable title have a legal chain of title intact, and a recorded transfer with the local municipality. Legal title is actual ownership of the property as when the property has been bought, the seller paid in full and a deed or title is properly recorded. Equitable title separates from legal title upon ...
The equity built up in your home can give you access to a large sum of money, should you need it. But how you access that equity can be confusing, especially with so many options that include:
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