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In real estate business and law, a title search or property title search is the process of examining public records and retrieving documents on the history of a piece of real property to determine and confirm property's legal ownership, and find out what claims or liens are on the property. [1] A title search is also performed when an owner ...
Thus, if Oscar purports to sell a piece of land to Alice for $100,000, and the next day purports to sell exactly the same piece of land to Bob for another $100,000, then whichever of the two buyers is the first to reach the recording office and have the sale recorded will be deemed the owner of the property.
A property legally described by a metes and bounds description may still be assigned a Tax Identification Number based on a separate Lot and Block system. In this case, a survey of all parcels in the county or municipality would be combined to create a separate Block and Lot system to identify the properties for taxation purposes.
In comparison to the atlas (also called a plat map or cadastral map), which is a graphic representation of land ownership in a township for the date of publication, the tract index is relatively dynamic. [2]
The Normal School Fund was created in 1865 from the proceeds of half of the land grant conveyed to Wisconsin by Congress in the Swamp Land Act of 1850, after the Legislature determined not all of the swampland was needed for drainage purposes. The resulting land grant amounted to some 1,500,000 acres (2,300 sq mi) of public land, of which ...
An assessor's parcel number, or APN, is a number assigned to parcels of real property by the tax assessor of a particular jurisdiction for purposes of identification and record-keeping. The assigned number is unique within the particular jurisdiction, and may conform to certain formatting standards that convey basic identifying information such ...
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