Top 10 English Slangs for Title Searchers
Top 10 English Slangs for Title Searchers 1. 'Deed' as a Verb When someone 'deeds' a property, it means they transfer the ownership to someone else. So, if you come across this term, you'll know it's about a property transfer. 2. 'Cloud on Title' If there's a 'cloud on title,' it means there's an issue or uncertainty regarding the property's ownership. It's like a 'red flag' that requires further investigation. 3. 'Chain of Title' The 'chain of title' refers to the history of ownership of a property. It's like a 'paper trail' that shows how the property changed hands over time. 4. 'Quitclaim Deed' A 'quitclaim deed' is a legal document that transfers a person's interest in a property to another person. It's often used in situations where there's no guarantee of clear title. 5. 'Encumbrance'