What is Real Estate Title?

paper house with typ welcome homeTitle refers to ownership. If you have title to a real estate property (residential or commercial), you have ownership rights in the property.

Title can be acquired through sale, inheritance, gift, foreclosure or other legal transfer of rights in the real estate.

Title can be held in a variety of ways, including individually or in a legal entity such as a corporation, Trust, LLC, Partnership, etc.

Much of the paperwork related to final closing on a property is to insure that the Title is clear and can be legally transferred.

Title Insurance can be purchased to protect the property owner from any defects in the title that are discovered after purchase.

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