Separate Title Document For Free

It is a legal document through which the property owner transfers property ownership rights to the buyer for an amount. It contains the property description, the rights transferred in it, and the amount paid by the buyer to purchase the property. It must be registered with the Sub-Registrar Office for it to be legal.

If you wish to lodge an application: You must apply on form AP1, notifying us that a transfer is not required. You must explain in a covering letter the reason why sub-division is required. If the land is subject to a mortgage, consent to the subdivision of title must be obtained from the lender.

In short, title is a legal term that refers to ownership of something. For example, a job title means your have ownership over your role and specific set of responsibilities. You can also think of the word ?entitle,? where you have ownership or control over something. In real estate, that something is property.

If the parties involved are joint owners of the land and the building thereon, they can execute a Deed of Partition and register it in the office of the sub-registrar and then divide the property by metes and bounds.

If you lose or misplace the original deed, you may obtain a certified copy from the County Recorder or Registrar of Titles in the county where the property is located. A certified copy of the deed may be recorded in any county with the same force and effect that the original deed would have if it were so recorded.

Partition of the property by mutual agreement can be done by Partition Deed or Family settlement. Partition Deed divides the property between the co-owners of the property. This deed is prepared in order to divide the property so that each person gets an absolute title over his own part of the property.

A property title is a document that shows legal proof of ownership. During the mortgage transaction, the title is handed over to the buyer at the time of closing after all contracts are signed and the seller receives payment for the sale.