In real estate, what does the term 'title' refer to?

In real estate, what does the term 'title' refer to?

• A. The chain of title.
• B. The legal description of the property.
• C. Ownership of land and property.
• D. The physical possession of the property.

Answer: (C)

title is the legal ownership rights to land and the property, including the authority to use, transfer, or dispose of it, subject to any liens or easements. It’s a concept of ownership, not the physical object itself or the history of how it came to be owned. A deed serves as the evidence that title is being transferred, and title insurance protects against defects that could undermine those ownership rights. The chain of title describes the record of transfers over time, which relates to title but isn’t the definition of title itself. The legal description pinpoints where the property sits, and possession refers to who is occupying the property, which can differ from ownership.

title is the legal ownership rights to land and the property, including the authority to use, transfer, or dispose of it, subject to any liens or easements. It’s a concept of ownership, not the physical object itself or the history of how it came to be owned. A deed serves as the evidence that title is being transferred, and title insurance protects against defects that could undermine those ownership rights. The chain of title describes the record of transfers over time, which relates to title but isn’t the definition of title itself. The legal description pinpoints where the property sits, and possession refers to who is occupying the property, which can differ from ownership.