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The document outlines the particulars and conditions for the sale of a property located at 10 Penhelig Place, Fendalton, Christchurch, through an auction process. It includes details about the property title, ownership shares, auction specifics, legal descriptions, and terms of sale including GST implications. The document also covers vendor warranties, settlement procedures, and provisions related to insurance claims from earthquake damages.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is a certificate of title for real estate?

A certificate of title is a legal document issued by a government agency that indicates proof of ownership of real property or titled personal property, like a car or a boat. Once ownership is transferred at closing, the certificate of title is proof of property ownership.

What is a certificate of title in Florida real estate?

A certificate of title is an official state or municipal-issued document that identifies the owner(s) of personal or real property. A certificate of title provides documentary evidence of the right of ownership.

What is the title document property?

A property title is a document that shows legal proof of ownership. During the mortgage transaction, the title is handed over to the buyer at the time of closing after all contracts are signed and the seller receives payment for the sale.

What is a certificate of title for a house in Florida?

The Certificate of Title is recorded and transfers ownership of the property in the official records.

What is the meaning of title to the property?

Legal title is actual ownership of the property as when the property has been bought, the seller paid in full and a deed or title is properly recorded. Equitable title separates from legal title upon the death of the legal title holder (owner).

Who prepares a certificate of title?

The person who prepares a certificate of title is the abstractor, who compiles the legal history of a property to ensure clear ownership. Other parties like the seller, buyer, and broker are involved in the transaction but do not prepare the title.

What is a Florida certificate of title?

A title deed is a legal document used when a home is transferred from a seller to a buyer, while the certificate of title serves as an impression of the status of a property and does not serve as a guarantee of legal ownership.