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A certificate of title is a legal document that is issued by a state or municipality. It confirms the legal owner or owners of a property. The document serves as proof of an owner's right of ownership and usually refers to property or real estate.
The type of evidence of title used depends on the local custom and the type of property being bought or sold. For example, in urban areas, title insurance is commonly used, while in rural areas, the abstract and opinion method is more common.
Actual v. Actual notice consists of express information of a fact. Constructive notice means notice given by the public records. By means of constructive notice, people are presumed to know the contents of recorded instruments.
Title Evidence means documentation in the form of a certified search covering a period of twenty (20) years, current title insurance or certified letter from abstractor or title insurance agent certifying fee simple ownership of property.
The grant deed is the most common type of deed used in the selling of property. A grant deed must describe the property by legal description of boundaries and/or parcel numbers. A grant deed warrants that the grantor actually owned the title to transfer. The deed must be signed by the grantor and the grantee.