Operate Title Title For Free

Title is the aggregate of legal rights enjoyed by a person under law towards the ownership and possession of a property. Generally, title is associated with real estate and signifies absolute ownership.

The Texas title industry is fully regulated by the Texas Department of Insurance (TDI).

Key Takeaways 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.

Title. n. 1) ownership of real property or personal property, which stands against the right of anyone else to claim the property. In real property, title is evidenced by a deed, judgment of distribution from an estate or other appropriate document recorded in the public records of the county.

A descriptive or distinctive appellation, especially one belonging to a person by right of rank, office, attainment, etc.: the title of Lord Mayor. Sports. the championship: He won the title three years in a row. an established or recognized right to something.

While one does not need to be an attorney or real estate broker to be a title agent, if the person says he or she holds such a license, the disciplinary history of that license is required.

A deed that has been properly recorded is an example of legal title. By contrast, equitable title is defined as: ?A title that indicates a beneficial interest in property and that gives the holder the right to acquire formal legal title.? Equitable Title, Black's Law Dictionary (11th ed. 2019).

Starting a Title Company in Texas While no formal education is required to become a title agent in Texas, you will need to obtain a title agent license. You may also need to get an escrow officer's license, depending on the services your title company plans to offer.