Definition of certificate of title

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TeachMeFinance.com - explain certificate of title



Certificate of title -- a document provided by a qualified source (such as a title company) that shows the property legally belongs to the current owner; before the title is transferred at closing, it should be clear and free of all liens or other claims.

another definition...

certificate of title -- a document showing ownership, usually of real property, an automobile, or recreational vehicle, giving a description of the thing owned and any liens against the property.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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