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A number of private transfer fee covenant laws require the seller to disclose the existence of the transfer fee and, failing to do so, the buyer can recover the difference between the market value of the real property subject to the private transfer fee obligation and the market value of the real property if the real property were not subject ...
Conveyance of the document (transfer of title to the property) may be required in order to transfer ownership in the property to another person. Title is distinct from possession , a right that often accompanies ownership but is not necessarily sufficient to prove it (for example squatting ).
The vast majority of states in the United States employ a system of recording legal instruments (otherwise known as deeds registration) that affect the title of real estate as the exclusive means for publicly documenting land titles and interests.
What’s the difference between conveyance and reconveyance? Conveyance is the act of transferring property ownership from one person or entity to a new person or entity.
The process starts only when the lender or trustee records a "notice of default" no matter how long the loan payments have been unpaid. For certain home loans made between 2003 and 2007, because of current economic conditions, California law was amended to add a temporary additional 60 days to the process. [citation needed]
Torrens title is a land registration and land transfer system in which a state creates and maintains a register of land holdings, which serves as the conclusive evidence (termed "indefeasibility") of title of the person recorded on the register as the proprietor (owner), and of all other interests recorded on the register.
A new year means new California laws going into effect. Here’s a rundown of some of the most notable. New California laws for 2025: A crackdown on bank fees, protections for workers and more
Instant transfer fees: While most payment apps don’t charge for standard transfers, opting for an instant transfer often comes with a fee. This fee typically ranges from 0.50% to 1.75% of the ...