unit 7, transfer of title

Question 1

Title

Answer 1

to real estate means the right to or owner- ship of the land; it represents the owner’s bundle of legal rights. Title also serves as evidence of that ownership.

Question 2

Voluntary alienation

Answer 2

Voluntary alienation is the legal term for the transfer of title during the property owner’s lifetime. An owner may transfer title by making a gift or by selling the property.

Question 3

A deed

Answer 3

A deed is a document by which an owner of real estate conveys the right, title, or interest owned in the parcel of real estate to someone else.