Sponsored Post: What Is A Title?
– October 21, 2013 9:45 am
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When you purchase a home, you are really purchasing the title to the property — which is the right to occupy and use the property. That legal right is usually documented in the form of a deed recorded at the local courthouse. A title may be contested based upon past rights and claims asserted by others. These types of claims can complicate your purchase of the property, or challenge your ownership later on, and potentially cause you to lose money.