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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 ...
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 ...
Portrait of Frederick Douglass in the D.C. Recorder of Deeds Building. Frederick Douglass was the first recorder of deeds for the District of Columbia.. Recorder of deeds or deeds registry is a government office tasked with maintaining public records and documents, especially records relating to real estate ownership that provide persons other than the owner of a property with real rights over ...
Cooperative ownership: ownership by the people who together operate and trade with an enterprise. [10] Common ownership non-exclusive ownership of property by everyone involuntarily. Property is also distinguished by whether it is movable (personal property) [11] [12] or immovable (immovable property and real property).
A registered owner is usually the person or entity that is on the government records as being the legal owner of certain property, such as real estate or a motor vehicle, as well as ships. [1] The registration of shares in a company is usually required to be managed by the company.
The person who is owner of real property with paramount title has the higher (or better, or "superior") right in an action to quiet title. This concept is inherently a relative one. Paramount title is not always the best (or highest) title, since it is necessarily based on some other person's title. [3] [4]
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