Separate Title For Free

In economics and political economy, there are three broad forms of property: private property, public property, and collective property (also called cooperative property).

The different types of real estate title are joint tenancy, tenancy in common, tenants by entirety, sole ownership, and community property. Other, less common types of property ownership are corporate ownership, partnership ownership, and trust ownership.

You can add your fiance to your house title with a quitclaim deed. Preparing a quitclaim deed is a straightforward task, however, there are ramifications to consider. When you add a party's name to a house deed, you're giving away an ownership interest in your property. It may also create gift tax consequences for you.

If a freehold title covers two or more lots, the registered owners can request that separate titles are issued for each lot. In this case, you do not need to make a separate application, but you will need to pay a new title fee for each lot being transferred.

A house deed is the legal document that transfers ownership of the property from the seller to the buyer. In short, it's what ensures the house you just bought is legally yours.

The title deeds to a property with a mortgage are usually kept by the mortgage lender. They will only be given to you once the mortgage has been paid in full. But, you can request copies of the deeds at any time.

This plan allows an applicant to legally combine two or more parcels of land (i.e. two titles) into a single entity. This process requires the services of a surveyor, lodgement of the plan with the Land Title Registry, issue a new certificate of title, and approval from the local council.