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What is an ownership certificate?

Ownership certificates are issued to the owners of a company to formally document their ownership of the company. Types of ownership certificates include: Stock certificates.

What is an assigned certificate of ownership?

Each time the ownership of a vehicle changes, a new certificate of title must be issued, except for dealer to dealer transfers. This is referred to as an assignment or transfer of ownership of a vehicle. The certificate of title is delivered to the purchaser or transferee at the time of delivering the vehicle.

Is a certificate of ownership the same as a deed?

A certificate of title is an official municipal document that acts as a record of ownership. A deed is a contract-like document (though it may be filed with a municipality) that describes the property, drawn up when transferring ownership of that property.

What is the ownership certificate for an LLC called?

Membership certificates are documents LLCs use to note individual members ownership in the company (much like how a corporation issues stock certificates to shareholders). We offer a free template for LLC membership certificates, as well as many other resources to help you organize and maintain your LLC.

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