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  2. Title (property) - Wikipedia

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

    In some cases, a title can also serve as a permanent legal record of condemnation of property, such as in the case of an automobile junk or salvage title. In the case of real estate, the legal instrument used to transfer title from one person or entity to another is via the deed.

  3. Quitclaim - Wikipedia

    en.wikipedia.org/wiki/Quitclaim

    For example, when a spouse is to acquire the marital home as part of a divorce settlement, the other spouse may be able to transfer their full interest quickly and inexpensively via a quitclaim deed. [10] A quitclaim deed may also be used to transfer title of a property to a purchaser following a foreclosure auction.

  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. Lease Buyout Title Transfer: Understanding the Process and ...

    www.aol.com/lease-buyout-title-transfer...

    The lessor can do the title transfer paperwork on your behalf, but it may charge you a processing fee. The lease buyout title transfer process is similar to a private- or third-party vehicle purchase.

  6. Deed - Wikipedia

    en.wikipedia.org/wiki/Deed

    A deed of trust is not used to transfer property directly. It is commonly used in some states — California, for example — to transfer title to land to a “trustee”, usually a trust or title company, which holds the title as security ("in escrow") for a loan. When the loan is paid off, title is transferred to the borrower by recording a ...

  7. Transferring a mortgage: How it works - AOL

    www.aol.com/finance/transferring-mortgage-works...

    A transfer of a mortgage is when a borrower reassigns an existing home loan to another person or entity. “In essence, this transfers all responsibilities associated with the mortgage and lien on ...

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