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  2. Closing documents: A guide for homebuyers - AOL

    www.aol.com/finance/closing-documents-guide...

    Affidavit of title The seller also provides an affidavit of title, a legal document that establishes they hold title to the property and includes information about any liens or other title issues .

  3. Land contract - Wikipedia

    en.wikipedia.org/wiki/Land_contract

    In 2015, Texas law was changed to automatically place the legal title to the property with the buyer by filing the contract with the deed records office of the county where the property is located. While the seller loses title, the seller retains a vendor's lien in the property for the outstanding balance of the contract. [3]

  4. Property abstract - Wikipedia

    en.wikipedia.org/wiki/Property_abstract

    A property abstract is a summary of the legal documents that chronicle transactions associated with a particular parcel of land. Generally included are references to deeds , mortgages , wills , probate records, court litigations , and tax sales —basically, any legal document that affects the property.

  5. Merger doctrine (property law) - Wikipedia

    en.wikipedia.org/wiki/Merger_doctrine_(property_law)

    The merger also refers to the doctrine whereby "a fee simple estate, once fragmented into present and future interests, can thereafter be reconstituted. 'Merger is the absorption of a lesser estate by a greater estate, and takes place when two distinct estates of greater and lesser rank meet in the same person or class of persons at the same time without any intermediate estate.' "[1 ...

  6. Recording (real estate) - Wikipedia

    en.wikipedia.org/wiki/Recording_(real_estate)

    Examples are those getting the property as a gift and heirs. Also, those who purchase ownership interests in the owners of the property, such as shares of stock in a corporation owning the land, have not purchased an interest in the property itself and so are unprotected. Also, recording laws generally do not protect purchasers against real ...

  7. Power of attorney - Wikipedia

    en.wikipedia.org/wiki/Power_of_attorney

    This means, for example, that if a principal authorizes someone to sell the principal's house or other real property, and the law requires a contract for the sale of real property to be in writing (which is required under the Statute of Frauds in most U.S. jurisdictions), then the authorization for the other person to sign the sales contract ...

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