Georgia Limited Title Opinion
Description
How to fill out Limited Title Opinion?
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FAQ
Also known as merchantable title. Title to real property that is so free from claims or defects that a court will enforce a purchaser's obligation to purchase title to the property. The definition of marketable title: Does not assume that the real property is necessarily defect free.
An abstract of title summarizes and documents ownership events related to a specific piece of real estate. It will generally include records and information for at least the past 50 years of land ownership.
Title insurance is protection against loss arising from problems connected to the title to your property.
Georgia recognizes three basic types of ownership: sole ownership, joint tenants, and tenants in common.
How to Perform Georgia Title Searches. Often, title searches are among the first things that have to be done when buying a property. The documents used to perform a title search are public, and you can obtain the records from any Georgia courthouse, county assessor office, or recorder's office.
In Georgia, the title to real property is the means or the evidence by which an owner establishes rights in land. A good and marketable title is one that is legally sufficient and free from reasonable doubt of defects. It is a title that a prudent buyer would accept and pay fair market value for.
Except for documents electronically filed as provided for in Chapter 12 of Title 10 and Part 1 of Article 1 of Chapter 2 of this title, a deed to lands shall be an original document, in writing, signed by the maker, attested by an officer as provided in Code Section 44-2-15, and attested by one other witness.
