请输入您要查询的英文单词:

 

单词 title search
释义

Title search


Title search

Investigation conducted to see that the ownership of a property is free of liens and other encumbrances.

title search

An inquiry into the historical ownership record of a property in order to ascertain its true ownership and the possible existence of any liens or easements on the property which might affect its sale.

Title Search


Title Search

The process of examining official county records to determine whether an owner's rights in real property are good.

A title search is conducted to discover whether there are any defects in the ownership of a particular tract of land. An Abstract of Title, prepared by the examiner subsequent to such an investigation, is a condensed history of the title to the land.

Cross-references

Recording of Land Titles; Registration of Land Titles.

title search

n. the examination of county records for the property's title history by a title company, an abstractor, attorney, or escrow officer to determine the "chain of title," and the current status of title, including owner, legal description, easements, property taxes due, encumbrances (mortgages or deeds of trust), long term leases, judgments or other liens. When a title search is completed, a "preliminary report" on title will be issued by the searcher. On the date of recording of any new transfer or encumbrance (such as a new secured loan), an up-dated "final title report" will be issued which will make it possible to obtain title insurance guaranteeing against any problems with the title. Sometimes the title search will turn up some "cloud on the title" which reveals something is wrong such as a break in the chain of title, inaccurate property description in a previous deed, or some old secured loan which has not been released. Such clouds can be a reason to cancel a contract for purchase of the real property. (See: title, chain of title, encumbrance, lien, escrow, title insurance)

title search


Title Search

In real estate, research done to trace a title back to its original owner or back to some date dictated by statute. A title search is done before the sale of property to ensure that there are no competing claims for the same property. A title search protects the mortgage lender from the possibility that that a competing claim will be honored in court, resulting in a loss. See also: Clean Deed, Quitclaim Deed, Title Insurance.

Title search.

A title search is an examination of property records by a title company or attorney to ensure that the person from whom you are buying a piece of property is its legal owner, and that there are no outstanding legal claims against the property.

Your lender will require you to pay for a title search before the closing, or settlement, on your new home.

The title search consists of a close examination of public records, such as deeds, wills, court judgments, and trusts, to make sure that the seller has the right to sell the property to you and that all prior mortgages, liens, and judgments have been settled.

Sometimes the title search uncovers pending legal actions, undisclosed easements, or even claims on the property by heirs to prior owners. Since title examiners might miss problems and public records can contain errors, most lenders will require you to purchase title insurance at closing to protect their interest in the property.

title search

A review of all recorded documents that affect title to a particular piece of real property. Ideally, a title search should proceed all the way backward to the original patent (deed) out of the government into the first private owner, or to the root deed, which is the first deed before a statutorily enacted cutoff date for claims.

随便看

 

英语词典包含2567994条英英释义在线翻译词条,基本涵盖了全部常用单词的英英翻译及用法,是英语学习的有利工具。

 

Copyright © 2004-2022 Newdu.com All Rights Reserved
更新时间:2025/2/7 8:20:19