Title

AAA

DEFINITION of 'Title'

The right to the ownership and possession of any item that may be legally recognized as belonging to someone or something. In its most basic sense, title is the recognition of ownership.

There are three components to the concept of title; possession or occupation, the right of possession and apparent ownership.

INVESTOPEDIA EXPLAINS 'Title'

Under a system of government that recognizes individual property rights, it is possible for an individual to have ownership over a vast amount of tangible or intangible property. Title may be gained by descent, grant or purchase.

RELATED TERMS
  1. Adverse Possession

    A principle of real estate law that allows a person who possesses ...
  2. Register Of Deeds

    A record of real estate deeds or other land titles that is maintained ...
  3. Property

    1. Anything over which a person or business has legal title. ...
  4. Unrecorded Deed

    A deed for a tangible piece of property that is not filed with ...
  5. Deed

    A legal document that grants the bearer a right or privilege, ...
  6. Conveyance

    The act of transferring an ownership interest in real property ...
Related Articles
  1. Insurance

    10 Hurdles To Closing On A New Home

    It's the biggest purchase of your life - find out what can go wrong before you even close the deal.
  2. Retirement

    Holding Titles On Real Property

    Find out how best to claim and convey ownership on your assets.
  3. Home & Auto

    No Longer Nomads: The History Of Real Estate

    From caves to condos, we look at how homo sapiens hunted for a home.
  4. Options & Futures

    Home-Equity Loans: The Costs

    Learn the factors to consider when comparing the different programs offered by various lenders.
  5. Taxes

    Avoid Capital Gains Tax On Your Home Sale

    If you have property to sell and want to avoid capital gains tax, a Section 1031 exchange may be the answer.
  6. Personal Finance

    The World's Top 10 Law Firms

    Here is a list of world's top ten law firms in terms of revenue.
  7. Entrepreneurship

    Alternatives To Business Bankruptcy

    Bankruptcy isn't the only alternative for a struggling business. It can try negotiating with creditors or liquidating assets outside the U.S courts.
  8. Retirement

    Power Of Attorney Form

    Be sure that any
  9. Retirement

    Power Of Attorney: Do You Need One?

    Having a power of attorney ensures that you select who will act for you when you are unable to handle your affairs. Without one, the courts decide.
  10. Investing News

    How The Patriot Act Works & Why Is It Important

    The USA Patriot Act gave the government more muscle to fight financial crime after the Sept. 11 terrorist attacks. Here's an overview.

You May Also Like

Hot Definitions
  1. Efficiency Ratio

    Ratios that are typically used to analyze how well a company uses its assets and liabilities internally. Efficiency Ratios ...
  2. Fixed Cost

    A cost that does not change with an increase or decrease in the amount of goods or services produced. Fixed costs are expenses ...
  3. Subsidy

    A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy ...
  4. Sunk Cost

    A cost that has already been incurred and thus cannot be recovered. A sunk cost differs from other, future costs that a business ...
  5. Technical Skills

    1. The knowledge and abilities needed to accomplish mathematical, engineering, scientific or computer-related duties, as ...
  6. Prepaid Expense

    A type of asset that arises on a balance sheet as a result of business making payments for goods and services to be received ...
Trading Center