Why is transferring title to real estate different from transferring the title to other items, such as a car?
Because land title is permanent and can have many owners over the years, various rights in land (such as mineral, air or utility rights) may have been acquired by others by the time you come into possession of it, even if the land has never before been built upon. So in order to transfer a clear title to a piece of land, it is first necessary to determine whether any rights are outstanding.
Related Questions
- Why is transferring the title to real estate different from transferring the title to other items, such as a car or mobile home?
- Why is transferring the title to real estate different from transferring the title to others items, such as a car?
- Why is transferring a title in real estate different from transferring the title to other items, such as a car?