Title

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Title

1. The right of ownership over a piece of tangible or intangible property. In countries and economic systems recognizing private ownership, title represents a recognition by government and society that a person or organization owns something.

2. A certificate acknowledging title. See also: Stockholder of record.

Title.

A title is a legal document proving ownership of a piece of property.

If you are buying real estate you authorize a title search, or examination of property records, to insure that the seller holds the title and has the right to transfer it.

In most cases, if you're taking a mortgage to buy the property, the lender will require you to arrange title insurance to protect its interest until the full amount of the loan has been repaid. You may also arrange for your own title insurance to protect you from losing your property if your ownership is successfully contested.

title

(1) All the elements that create the highest legal right to own,possess,use,control,enjoy,and dispose of real property or an inheritable right or interest in it.(2) The rights of ownership recognized and protected by the law.

References in periodicals archive ?
He paid 27 ranchers, who were in fact absentee landlords, money for their so-called legal title to the land.
Specifically, the judge determined that false pretense losses arising out of the purchase of vehicles by the car dealer had no limitation on the amount to be covered under its policy of insurance when the seller did not have legal title.
PERTH, Australia -- CityView Corporation Limited ("CityView") (ASX:CVI) (OTCBB:CTVWF) (FWB:C4Z) announces today that the good standing of the legal titles of all the mineral concessions held by Fortitude Minerals Limited ("Fortitude") in Angola have been confirmed.
Related legal titles produced by de Gruyter include "European Review of Contract Law" and "European Company and Financial Law Review.