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Examination of title
Examination of title The report on the title of a property from the public records or an abstract of the title.
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Title
1) The rights of ownership and possession of particular property. 2) In real estate usage, title may refer to the instruments or documents by which a right of ownership is established (title documents), or it may refer to the ownership interest one has in the real estate.
Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.
Abstract
A summary; an abridgment.
SIMILAR TERMS--------------------------------------
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Eviction
The lawful expulsion of an occupant from real property.
Eviction (actual)
Physical removal of a tenant either by law or force.
Eviction (constructive)
The landlord or his agents disturb the tenant, rendering the leased space unfit for the tenant's previous use.
Eviction (proceeding)
A legal proceeding by the landlord to remove a tenant.
Evidence of title
Proof of ownership of property; commonly a certificate of title, an abstract of title with lawyer's opinion, title insurance or a Torrens registration certificate.
Examination of title
Excavation
The process of clearing trees, removing topsoil and grading land before the foundation is laid.
Exchange
A transaction in which all or part of the consideration for the purchase of real property is the transfer of property of "like kind".
Exchange company
Organization, which for a fee provides vacation exchange services and will assist timeshare and camping membership owners in exchanging for other resorts worldwide.
Exchange of contracts
In England and Wales this is the stage of the buying process where the draft contract between the buyer and vendor becomes legally binding.
Exchange period
The period during which the exchanger must acquire replacement property in the exchange.
This dictionary contains 6433 terms. |
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