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  2. Private transfer fee - Wikipedia

    en.wikipedia.org/wiki/Private_transfer_fee

    In addition, private transfer fee statutes in Alabama, California, Colorado, Connecticut, Louisiana, Minnesota, Nebraska, Nevada, New Jersey, New York, North Dakota, Pennsylvania, South Carolina, South Dakota, Utah, and Wyoming [11] (as of 2017) require that a separate disclosure document must also be filed in the real property records. The act ...

  3. Rule in Shelley's Case - Wikipedia

    en.wikipedia.org/wiki/Rule_in_Shelley's_Case

    The Rule in Shelley's Case is a rule of law that may apply to certain future interests in real property and trusts created in common law jurisdictions. [1]: 181 It was applied as early as 1366 in The Provost of Beverly's Case [1]: 182 [2] but in its present form is derived from Shelley's Case (1581), [3] in which counsel stated the rule as follows:

  4. Recording (real estate) - Wikipedia

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

    The record title system differs significantly from land registration systems, such as the Torrens system, that have been adopted in a few states. The principal difference is that the recording system does not determine who owns the title or interest involved, which is ultimately established through litigation in the courts.

  5. Who pays closing costs, the buyer or the seller? - AOL

    www.aol.com/finance/pays-closing-costs-buyer...

    Title costs: In some cases, the seller will pay title-related fees as well as, or instead of, the buyer. For instance, in most of Florida, sellers cover the cost of an owner’s title insurance ...

  6. Torrens title - Wikipedia

    en.wikipedia.org/wiki/Torrens_title

    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.

  7. Adverse possession - Wikipedia

    en.wikipedia.org/wiki/Adverse_possession

    Adverse possession in common law, and the related civil law concept of usucaption (also acquisitive prescription or prescriptive acquisition), are legal mechanisms under which a person who does not have legal title to a piece of property, usually real property, may acquire legal ownership based on continuous possession or occupation without the permission of its legal owner.

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