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Chain Of Title Explained . A title is a legal document that proves legal ownership over an asset or piece of property. Assets such as homes, land, other types of real estate, vehicles, and ...
When researching ownership, title companies have to look at a wide range of public records to check for conflicts, including deeds, court records, divorce filings, bankruptcies, taxes and wills.
A certificate of title provides documentary evidence of the right of ownership. Usually it applies to real estate , though it also may pertain to a business, boat, or vehicle, among other things.
When you go to buy a new home, a title company will search these records to make sure that the chain of ownership for the property is clear and that it can be sold without issue.
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