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transfer certificate of title |
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transfer certificate of title Used in the Torrens system,it is a duplicate Torrens certificate of title. The owner of property receives a duplicate certificate; the original is retained by the registrar and recorded.When the property is sold, the purchaser receives the transfer certificate of title, which is surrendered to the registrar in order to complete issuance of a new Torrens certificate listing the new owner. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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