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  2. Deed of trust (real estate) - Wikipedia

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

    A deed of trust refers to a type of legal instrument which is used to create a security interest in real property and real estate. In a deed of trust, a person who wishes to borrow money conveys legal title in real property to a trustee , who holds the property as security for a loan ( debt ) from the lender to the borrower.

  3. Nominee trust - Wikipedia

    en.wikipedia.org/wiki/Nominee_trust

    A nominee trust is a legal arrangement whereby a person, termed the settlor, appoints another person, termed the "nominee" or "trustee", to be the owner of the legal title to some property. [1] Although the legal title is transferred to the nominee, the beneficial ownership of the property is transferred to a third person, termed the beneficiary .

  4. Applicants can now apply to be a real estate agent online - AOL

    www.aol.com/news/applicants-now-apply-real...

    The new service becomes available as the Division handled more than 7,000 new license applications in 2021, a 37 percent ... Applicants can now apply to be a real estate agent online Skip to main ...

  5. Title (property) - Wikipedia

    en.wikipedia.org/wiki/Title_(property)

    Development and subdivision of real estate property may occur while its title is under dispute from another party. If a suit is resolved in favor of a plaintiff, this renders uncertain the circumstances that allowed the said development to occur, and may result in the resources invested going to waste. [8] The case of Paxton v.

  6. What is a clear title? How to check if a property has one - AOL

    www.aol.com/finance/clear-title-check-property...

    With a clear title, there’s no doubt who the owner of the property is, or who can claim legal ownership of the property. To get a mortgage, lenders require a thorough title search of local ...

  7. Conveyancing - Wikipedia

    en.wikipedia.org/wiki/Conveyancing

    In law, conveyancing is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or a lien. [1] A typical conveyancing transaction has two major phases: the exchange of contracts (when equitable interests are created) and completion (also called settlement, when legal title passes and equitable rights merge with the legal title).

  8. Chain of title - Wikipedia

    en.wikipedia.org/wiki/Chain_of_title

    In real estate transactions in the United States, insurance companies' issue title insurance based upon the chain of title to the property when it is transferred. Title insurance companies sometimes maintain private title plants that track real estate titles in addition to the official records. [according to whom?] In other cases, the chain of ...

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