Title

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Related to Legal Title: equitable title

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 ?
Easements - Rights registered in the legal title which benefit the property and grant the owners of the property rights to, for example, use an access way which crosses another property but over which you need to cross to get to your property.
Your legal adviser can then decide whether the established rights should be registered at the Land Registry ( if not already noted on the legal title.
The person who holds legal title to property placed in trust and is responsible for administering that property for the benefit of the trust beneficiary or beneficiaries.
Also, there are practical documents such as guarantees, planning permissions, building regulation approval or consents, which are not deeds and are therefore not part of the electronic legal title recorded on the electronic registers.
In connection with the completion of this transaction, PGM provided to Richview conveyance documents for the transfer to Richview of 100% legal title to the Property.
A legal title, widely regarded as the lawyer's bible for buying and selling companies, has just hit the shelves ( written by a North-East lawyer.
In July 1989, the company acquired equitable ownership but not legal title to Sadler Point Marina, located in Jacksonville, and assumed operations of the facility.
Earlier this year, Richview received conditional approval for listing on the TSXV as a tier 1 issuer that was subject to the satisfaction of a number of conditions including, amongst other things, transfer to Richview of legal title to the Thierry Mine from a previous owner of the property interest.
Although the bank takes legal title to the securities, the transaction is treated as a cash loan to the original owner by the bank collateralized by the securities.
Richview and PGM are currently negotiating with the relevant provincial government authorities to resolve certain outstanding issues affecting the transfer of legal title of the Property which is still registered to a previous owner.
Things have moved on and if the legal title to your property is registered at the Land Registry it will be registered, not in paper form but electronically and a copy can be printed off directly from the electronic register.