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certificate of title |
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certificate of title A document issued by an attorney or title company certifying the status of title to real property and the absence or presence of title defects, liens,and adverse claimants.This is not the same as title insurance, because the preparer is liable only for negligence in the event of mistakes. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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NovaGold has received a certificate of title from Placer Dome for the assignment of a 70% interest in the Donlin Creek exploration and mining lease agreement. At the time of purchase, the terms of the note and security agreement grant to PeopleFirst a security interest in the vehicle and require the obligor to have the servicer noted as lien holder on the certificate of title for the vehicle. Immediately following the developer's default, American Safety Re obtained a judgment against the developer for $12,117,857 (which includes accrued interest), foreclosed on the property, and received a certificate of title to the property on April 13, 1999. |
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