Tag: Title

Concept of Title 1 in the context of U.S. Real Property A short definition of Title 1: An FHA-insured loan that allows a borrower to make improvements such as renovations or repairs to his/her home.

Concept of Title Insurance in the context of Real Property A short definition of Title Insurance: Insurance against loss resulting from defects of title to a specifically described parcel of real property. Defects may run to the fee (chain of title) or to encumbrances.

Title Defect in the context of Real Property See: Defective Title in this legal Dictionary.

Concept of Title Company in the context of Real Property A short definition of Title Company: An agency issuing the policy of a title insurance company.

Concept of Title One Look Alike Loan in the context of Real Property A short definition of Title One Look Alike Loan: A loan which has the same greater than value characteristic of a Title One Loan (See Above) but is privately funded without government insurance. This loan is not restricted to […]

Title Report in the context of Real Property See: Preliminary Title Report in this legal Dictionary.

Concept of Title Plant in the context of Real Property A short definition of Title Plant: A filing of all recorded information to real property, paralleling the records of the county recorder’s office, although the filing system may be different.

Concept of Title Insurance Company in the context of Real Property A short definition of Title Insurance Company: A company which issues insurance regarding title to real property.

Concept of Title One Loan in the context of Real Property A short definition of Title One Loan: A government insured loan which is greater than the equity in the property. These loans can currently go up to one hundred twenty five percent of the value of the property, and may be used only for…

Concept of Title Order in the context of Real Property A short definition of Title Order: An order for a search of the title to some parcel of property, eventually leading to the issuance of a policy of title insurance.

Concept of Title Theory in the context of Real Property A short definition of Title Theory: A theory followed in several states that the mortgagee has legal title to the mortgaged property and the mortgagor has equitable title. See also: Lien Theory.

Concept of Title Page in the context of Real Property A short definition of Title Page: The page in a subdivision map which is signed by all parties having an interest in the land, agreeing to the subdivision.

Concept of Title Search in the context of Real Property A short definition of Title Search: A review of all recorded documents affecting a specific piece of property to determine the present condition of title.