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title |
Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Wikipedia, Hutchinson | 0.04 sec. |
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title, in law, the means by which the owner has just and legal possession of his or her property. It is distinct from the document (e.g., a deed) that is evidence of the title. Title can be lost or acquired only by the methods established by law, that is, by inheritance or by purchase. Several persons may have different titles to the same property. While one holds a legal title (a claim to the land that is recognized by a court), another may hold an equitable title (the right to have the legal title transferred to him if certain conditions are met). This occurs if there is a mortgage reverse mortgage, a homeowner borrows against the value of a house to receive a line of credit or monthly payments. Reverse mortgages are used by elderly homeowners as a way of obtaining cash, and normally the loan is paid off when the homeowner dies (or sells the property). ..... Click the link for more information. on the land. If a person holds land free of all encumbrances he may claim to have perfect title. When property is purchased, a title search is made to make certain that the seller is the legitimate owner of the title he is selling; the resulting document is an abstract of title abstract of title, in law, brief history of the title to a piece of land. An account is given of recorded documents, court proceedings, wills , mortgages , taxes, previous sales, easements , and all other factors that at any time affected the ownership or use of the ..... Click the link for more information. . How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| For instance, those people had inherited the idea that all men without title and a long pedigree, whether they had great natural gifts and acquirements or hadn't, were creatures of no more consideration than so many animals, bugs, insects; whereas I had inherited the idea that human daws who can consent to masquerade in the peacock-shams of inherited dignities and un- earned titles, are of no good but to be laughed at. The title suggests all kinds of mysteries; a glance at the chapter-headings quickly confirms the suspicions already aroused, and the sub-title: "A Book for All and None", generally succeeds in dissipating the last doubts the prospective purchaser may entertain concerning his fitness for the book or its fitness for him. year a large part of it was published in covers with the title |
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