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In real estate business and law, a title search or property title search is the process of examining public records and retrieving documents on the history of a piece of real property to determine and confirm property's legal ownership, and find out what claims or liens are on the property. [1]
Equitable conversion is a doctrine of the law of real property under which a purchaser of real property becomes the equitable owner of title to the property at the time he/she signs a contract binding him/her to purchase the land at a later date.
Thus, if Oscar purports to sell a piece of land to Alice for $100,000, and the next day purports to sell exactly the same piece of land to Bob for another $100,000, then whichever of the two buyers is the first to reach the recording office and have the sale recorded will be deemed the owner of the property.
An elderly Alabama woman living on a plot of land thought to be worth over $20 million will soon be kicked out of her longtime home after an ownership tussle with private investors.
Key takeaways. Homes sold by their owners often sell for a lower price than traditional, agent-represented listings. FSBO buyers should be extra-careful to make sure all necessary paperwork and ...
Nearly 8,000 acres of Alabama's most sensitive land, known as "America's Amazon" for its biodiversity and wildlife, will be protected thanks to a major purchase by The Nature Conservancy in ...