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Legal Definitions - title deed
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Definition of title deed
Definition: A legal document that proves ownership of a property or land. It is a written instrument that is signed, sealed, and delivered and that conveys some interest in property.
Examples:
- An absolute deed that conveys title without condition or encumbrance.
- A grant deed that contains, or has implied by law, some but not all of the usual covenants of title.
- A mortgage deed that creates a mortgage and conveys title to real property to a trustee as security until the grantor repays a loan.
Explanation: A title deed is a legal document that proves ownership of a property or land. It is a written instrument that is signed, sealed, and delivered and that conveys some interest in property. For example, an absolute deed conveys title without any conditions or encumbrances, while a grant deed contains some but not all of the usual covenants of title. A mortgage deed creates a mortgage and conveys title to real property to a trustee as security until the grantor repays a loan. These examples illustrate how a title deed is used to transfer ownership of a property or land and protect the rights of the owner.
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Simple Definition
A lawyer without books would be like a workman without tools.
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