What is a certificate of title?

A certificate of title is a document that legally describes a piece of residential real estate in Virginia. It is issued by a title company or settlement agent and serves as proof of ownership of the property. The certificate of title shows the owner’s name, the address of the property, when the sale was made, and other pertinent information. This document is important because it is used in the event the property is sold to someone else. The certificate of title is also used to determine the legal status of a piece of property when a dispute arises. It can clarify the length of the owner’s possession of the property, as well as any liens, mortgages, or other encumbrances that are on the property. This document can also provide evidence of title in the event of foreclosure or boundary dispute. The certificate of title is an important document when it comes to residential real estate in Virginia. It is the only document that can provide legal proof of ownership and can be used to protect the rights of the owner in any legal disputes.

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