5 Essential Things to Know About Land Titles

by D.D. Dolan 07/14/2019

Many laws govern land ownership, and it is vital to know about the processes and rights of landowners so that you can avoid the risk of partaking in an illegal sale or getting involved in a scam. Before you can transfer the rights to a property, it is critical to know some facts about land titles.

What is a ‘Land Title’?

A land title is a formal document that shows what rights a person or group of people have over a piece of property. A land title is generally used to prove ownership of the property. It can also help a potential buyer to know what exactly is going on with their land such as the usage rights, natural resource rights, easements, existing liens and other rights that may not be obvious at a glance. If a property title does not bear the name of the seller, there is a chance that it may belong to another party.

Most local courthouses keep property records of a county and record all forms of land transfers that happen in that region. Whenever there is a dispute over a piece of land, a land title will provide clarity regarding ownership and other usage rights.

When considering land titles, here are some essential facts to know:

A Title is Not the Same as a Deed

A deed is a document that is used to transfer a land title from one person to another. The deed states all the terms of the land transfer and all the people involved. The local country office must have a notarized copy of a deed agreement before the title can reflect the changes in ownership. 

A Title Proves Ownership

During a legal argument, the key document that the court refers to when determining the real ownership of a property is the land title. The absence of a title means that the court will not acknowledge any contract or deed related to the property.

Property Owners Should Secure Their Land Titles

If you lose your original land title, it will cause a lot of complications for you in the future. It is best to store land titles and other property ownership documents in a safe place like a bank safety deposit box or fireproof home safe. Having quick access to your land title will help to make land negotiations easier.

Title Searches Help to Reveal Potential Problems

During a title search, the investigator will peruse many years of documentation to make sure that everything is right with the property. A title search can protect a potential buyer from paying the wrong party for a property, buying a property with unresolved tax payments or liens that can invalidate land ownership transactions.

If you’re looking to purchase land in your area, talk to your real estate agent about the best property for your needs.

About the Author
Author

D.D. Dolan

SReS SRS GRI e-PRO

First, let me be clear about what I am not. I am not just another salesperson. I am a service professional. Buying or selling your home is a significant and often emotional event in your life; it is not at all the same as buying a product in a store. Choosing the right Real Estate Professional to assist you is essential. Just as you rely on your attorney or accountant to serve your interests with honesty, diligence and integrity, so can you rely on me to represent your real estate interests in the same manner. Real Estate is a Service Profession and my approach is Client-Oriented. Identifying the clients' needs is the first, and most important step in the practice of Real Estate. My skills, dedication, and "straight talk”, combined with enthusiasm and professionalism make me a valuable asset to the buyers and sellers I represent. I will help you easily navigate the complexities of the Real Estate process for a superior service experience. 

EXPERIENCE: 

Re-sales and new construction, across all segments of the residential market: Single-family homes, Condominiums, and Co-operatives 

DESIGNATIONS AND ASSOCIATIONS:

Licensed Associate Broker, New York State 

Member, National Association of Realtors 

Member, New York State Association of Realtors 

Seller Representative Specialist Seniors Real Estate Specialist 

Graduate, Realtor Institute 

e-Pro Certified 

Certified Home Marketing Specialist 

Past President, White Plains Outdoor Arts Festival

EDUCATION: 

BA in Political Science with Minors in English and History from William Smith College, Geneva, New York

2 years attendance Syracuse University College of Law