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LSDefine

Simple English definitions for legal terms

evidence of title

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A quick definition of evidence of title:

Evidence of title is proof that shows who owns a piece of land. It is important to have evidence of title when buying or selling land. There are four types of evidence of title: abstract and opinion, certificate of title, title insurance, and Torrens certificate. The type of evidence of title used depends on the local custom and where the land is located.

A more thorough explanation:

Definition: Evidence of title refers to the means by which the ownership of land is satisfactorily demonstrated within a given jurisdiction. It is a legal proof that shows who owns a piece of land or property.

There are different types of evidence of title:

  • Abstract and Opinion: This is a summary of all the documents related to a property, along with a lawyer's opinion on whether the title is clear or not.
  • Certificate of Title: This is a document issued by a government agency that confirms the ownership of a property.
  • Title Insurance: This is an insurance policy that protects the buyer and lender from any defects in the title.
  • Torrens Certificate: This is a certificate issued by a government agency that guarantees the ownership of a property.

The type of evidence of title used depends on the local custom and the type of property being bought or sold. For example, in urban areas, title insurance is commonly used, while in rural areas, the abstract and opinion method is more common.

For instance, if John wants to buy a house, he needs to make sure that the seller has a clear title to the property. John can hire a lawyer to do a title search and provide an abstract and opinion on the property. The lawyer will review all the documents related to the property and provide an opinion on whether the title is clear or not. If the title is not clear, John may decide not to buy the property or negotiate with the seller to clear any defects in the title.

evidence of insurability | evidencing feature

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jackfrost11770
14:20
Well I hope not otherwise I'm screwed
jackfrost11770
14:21
Anderson cooper PLEASEEEEE
For ED and their last wave of decisions it was an email all at once
GreyCeaselessMammoth
14:22
ugh
gonna go cry
jackfrost11770
14:22
Ugh
jackfrost11770
14:22
:(
ReminiscentZestyFish
14:23
Small ahh wave
GreyCeaselessMammoth
14:23
yeah the smallness of this wave makes me think there might be more to come? am i being crazy? only one wave a month it should be a tsunami rn
14:24
@jackfrost11770: chillll it still early in the cycle, especially relative to this and last yearrrr
its also still early in the day
i think theres def more waves todayu
StillDoingMyBest
14:25
do y'all think the lsat is easier or harder without the logic games
[] starfishies
14:25
ppl prob need a few minutes to update their results
pee pee poo poo
if i get a decision today ill dye my hair
14:26
dye it grey plz
or ppiece a new whole
i would look terrible with grey hair
jackfrost11770
14:27
I do think that vandy does hella small waves if not even individual decisions
jackfrost11770
14:27
Tex got WL randomly and he was like, the only one
jackfrost11770
14:27
On a Sunday
GreyCeaselessMammoth
14:27
jack that makes me feel better
ReminiscentZestyFish
14:27
Closed on Sunday
ReminiscentZestyFish
14:27
you my Chic Fil A
jackfrost11770
14:27
My hair is dyed silver
jackfrost11770
14:27
It's fading tho I'm getting it redyed next week
14:27
silver hair is the future. u heard it here first folks
ive gone black, blonde tips, light brown, red, pruplish red, another shade of red before
lilypadfrog
14:28
@StillDoingMyBest: i think removal of logic games makes it easier to start at a baseline solid score, harder to get a high score
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