What is a certificate of title?

A certificate of title is a document issued by the state of Delaware in the United States that certifies the legal ownership of a piece of residential real estate. It serves as a record of all the previous transfers and purchases that happened to the piece of property, so that if it is sold again, potential buyers can verify the chain of title. The certificate of title contains information such as the current owner’s name, the names of all previous owners and the dates they took possession, an outline of the parcel of land, and any mortgage or lien that is attached to the property. It is also a legal document that can be used to enforce a claim of ownership in a court of law. The certificate of title is issued by the Delaware Department of State and is necessary for transferring the title of a house, condo, or other type of residential real estate. In order to obtain the certificate, the current owner will need to provide proof of ownership, such as a deed or bill of sale, as well as the current address of the property. The certificate of title is a crucial document in residential real estate law, as it serves as proof of ownership and can help protect buyers, sellers, and lenders in a transaction. It is important that homeowners in Delaware make sure that their certificates of title are kept up to date and accurate.

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What is a certificate of title?

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