A certificate of title is a crucial legal document that serves as proof of property ownership, issued by government authorities. It includes essential details such as the property’s legal description, any existing liens or encumbrances, and the names of the current owners. While primarily associated with real estate, certificates of title can also pertain to other assets like vehicles, boats, and businesses.
- A certificate of title is a legal document proving ownership of a property.
- Issued by state or municipal governments.
- Contains vital information about the property, including:
- Legal description of the property.
- Details of any liens or encumbrances.
- Name(s) of the owner(s).
- Commonly used in real estate transactions.
- Can also apply to other assets such as vehicles, boats, and businesses.
eConvey Pulse
Understanding the significance of a certificate of title is essential for anyone involved in property transactions. At eConvey, we are dedicated to guiding you through the complexities of property ownership and conveyancing. For more information on how we can assist you with your property needs call us today on 03 5976 2700, or visit www.econvey.com.au to send us a message today!