Скачать или смотреть What Is Title in Real Estate? Chain of Title? and Clear Title?

What Is Title in Real Estate? Chain of Title? and Clear Title?

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What Is Title in Real Estate?

The title to your property is one of the most important pieces of information in the real estate closing process. It also describes who owns a property. It's also the document that proves ownership.

The title of a property is the bundle of rights that you get when you buy it. Learn about what clear title and chain of title are, and how to tell if your purchase has good title.

I'll introduce you to two types of title: "Chain of Title" and "Clear Title." Chain of Title refers to the process where one person can sell their interest in a property to another person. Clear Title means there are no outstanding debts against the property, so it's free and clear for someone else to buy it without any worries about whether or not they'll be able to pay off an existing mortgage.

Watch this video to learn all about the important concepts of chain of title and clear title!

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