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  2. What is a clear title? How to check if a property has one - AOL

    www.aol.com/finance/clear-title-check-property...

    With a clear title, there’s no doubt who the owner of the property is, or who can claim legal ownership of the property. To get a mortgage, lenders require a thorough title search of local ...

  3. Title (property) - Wikipedia

    en.wikipedia.org/wiki/Title_(property)

    Properties that are sold on the basis of equitable title have a legal chain of title intact, and a recorded transfer with the local municipality. Legal title is actual ownership of the property as when the property has been bought, the seller paid in full and a deed or title is properly recorded. Equitable title separates from legal title upon ...

  4. Conveyancing - Wikipedia

    en.wikipedia.org/wiki/Conveyancing

    In law, conveyancing is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or a lien. [1] A typical conveyancing transaction has two major phases: the exchange of contracts (when equitable interests are created) and completion (also called settlement, when legal title passes and equitable rights merge with the legal title).

  5. Future interest - Wikipedia

    en.wikipedia.org/wiki/Future_interest

    In property law and real estate, a future interest is a legal right to property ownership that does not include the right to present possession or enjoyment of the property. Future interests are created on the formation of a defeasible estate; that is, an estate with a condition or event triggering transfer of possessory ownership. A common ...

  6. Eminent domain - Wikipedia

    en.wikipedia.org/wiki/Eminent_domain

    It does not include the power to take and transfer ownership of private property from one property owner to another private property owner without a valid public purpose. [5] This power can be legislatively delegated by the state to municipalities, government subdivisions, or even to private persons or corporations, when they are authorized to ...

  7. Adverse possession - Wikipedia

    en.wikipedia.org/wiki/Adverse_possession

    In general, a property owner has the right to recover possession of their property from unauthorised possessors through legal action such as ejectment.However, many legal systems courts recognize that once someone has occupied property without permission for a significant period of time without the property owner exercising their right to recover their property, not only is the original owner ...

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