Ownership that involves the acquisition of a specific period of time or percentage of interest in a vacation home or resort. …
Title
Title is a legal term referring to the ownership rights and interests in a property, including the right to possess, control, use, and transfer the property. A title is established through a deed or …
Title Examination
An examination of the public record to determine that the seller is the legal owner and there are no encumbrances (such as claims or liens) affecting the property. …
Title Insurance
Title insurance is a policy that protects the buyer and/or lender against financial loss resulting from defects in the property's title, undisclosed liens, or other encumbrances. Issued by a title …
Title Insurance Binder
A title insurance company's written commitment to insure title to the property, subject to the conditions and exclusions shown on the binder. …
Title Risk
Possible impediments to the transfer of a title from one owner to another. …