Certificate of title,
Definition of Certificate of title:
Document evidencing ownership of real property (or a vehicle) with a description of the property and of the liens on it (if any).
A certificate of title is a state or municipal-issued document that identifies the owner or owners of personal or real property. A certificate of title provides documentary evidence of the right of ownership mainly for real estate.
When issued for real property—such as land or a house—by a title insurance company, the certificate of title is a statement of opinion on the status of the title, based on a thorough examination of specified public records.
How to use Certificate of title in a sentence?
- Certificates of title are often used in real estate and vehicle transactions.
- The certificate is not a guarantee of a free and clear title. .
- A certificate of title is a state or municipal-issued document identifying the owner of personal or real property. .
Meaning of Certificate of title & Certificate of title Definition