Form 21 16- Regularisation Ownership Declaration 2025

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0:18 2:05 It proves ownership and gets updated when property changes hands when a corporation transfersMoreIt proves ownership and gets updated when property changes hands when a corporation transfers property. They sign a deed this deed needs to be as official as a referees whistle.
The original deed is returned to the owner of the property from the office of the recorder after proper entry. The office of the Recorder of Deeds maintains a set of indexes about each deed recorded, for an easy search. Almost all states have a grantor-grantee index including a reference to all documents recorded.
The final step in conveying property is recording the deed, mortgage, or other legal document in the county where the real property is located. The name of the county office that handles real estate records varies from state to state. It is commonly called the county recorders office.
- a corporation can convey real estate only by the authority defined in its by lsws or on the basis of a resolution passed by its board of directors. A deed conveying corporation-owned real estate can be signed only by an authorized officer.
When a couple, for example, purchase their home, they may decide to put in place a Declaration of Ownership to set out their property interests. They could, for instance, decide that the property should be held equally or specify unequal proportions.
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