Dif. Between A DEED And TITLE
hi, you guys might laugh at this question but i dont understand what the point of a deed is. As far as i understand it, is that the deed states who has title. title is another word for ownership and is not actually a document. can somebody expain exactly how this works?
Let me try. I'm not an attorney, but I don't think you are seeking a 'legal' answer.
Title is Ownership, and all that is required to demonstrate proof of ownership.
A Deed is a written instrument (evidence) that conveys an interest in realty...
Without the Deed, it's tough to prove ownership... and generally you can't sell something that you do not own...
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Short Sale Practitioners can't predict, or guarantee results... but can take steps to insure the likelihood for success....[ Edited by TheShortSalePro on Date 07/05/2004 ]