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Legal Definition of document of title : a document (as a warehouse receipt) which is issued by or addressed to a bailee and which in the ordinary course of business is considered to show that the person in possession of it is entitled to receive, hold, and dispose of the bailed goods covered by it.

Document of title to goods means a written description, identification or declaration of goods which, in the regular course of business or financing, is treated as evidencing that the person in possession of it is entitled to receive, hold and dispose of the document and the goods it covers.

A formal document that confers or proves ownership is a document of title. In order to be a document of title, a document must purport to be issued by or addressed to a bailee and purport to cover goods in the bailee's possession.

Any written instrument, such as a bill of sale, title deed, bill of lading, that proves ownership or control and possession.

If the right to possession of the goods from the carrier is determined by the possession of a document, such as a bill of lading, then that document is a document of title. Therefore, the person presenting an original bill of lading is entitled to delivery of the goods at the place of destination.

First, when writing a title for your document, remember that a simple phrase is sufficient. The title should not be a complete sentence. Instead, choose a short phrase with easy to understand words. There is no need to use academic jargon that only a few elite readers will understand.

Proforma invoice is not a document of title to goods. Before the delivery of goods, proforma invoice is issued to buyer as a bill of sale.

Meaning of document of title in English a legal document that proves that someone owns property or goods or has the right to take control of it or them: Mercantile agents must possess a bill of lading or other document of title with the consent of the owner.

Transfer of Title to goods, which have been identified to the contract of sale, passes from the seller to the buyer in any manner and on any conditions agreed upon by the parties to the contract of sale. The rule is that title to the goods passes when the parties intend it to pass. goods.

A title is a document that shows legal ownership to a property or asset. A title can represent ownership of a real asset such as a car or an intangible property or assets such as a trademark.