Property Title

$700.00$650.00

A property title is the legal document or concept that establishes ownership rights to real estate. It shows who owns the property and what claims, liens, or restrictions may exist on it.

Key Elements of a Property Title:

  • Owner’s Name: Identifies the current legal owner(s).

  • Legal Description: Precise description of the property’s boundaries, lot, and location, often referencing surveys or plats.

  • Chain of Title: Record of prior ownership transfers (deeds).

  • Encumbrances: Any mortgages, liens, easements, or restrictions attached to the property.

  • Rights Conveyed: Defines what rights the owner has (possession, control, transfer, etc.), subject to encumbrances.

Purpose:

  • Confirms legal ownership.

  • Protects buyer and lender by ensuring clear title.

  • Used in transactions, foreclosures, quiet title actions, and estate transfers.