Title Agreement Definition
Conditional sales contracts allow the seller to repossess the property if the buyer is in arrears with payment. If you buy real estate, you will quickly hear a number of terms that will be thrown away. Most people tend to think that title deeds and titles are the same, but they actually refer to two separate legal concepts. If you own property, you own both the deed and the title. But a title is different from an act. Mixing the two can cause problems if you don`t know what you`re using. A conditional sales contract is a contract involving the sale of goods. Also known as a conditional sales contract, the seller allows the buyer to receive the items described in the contract and pay for them later. The legitimate ownership of the property belongs to the seller until the full price is paid by the buyer. Indian title, which has been recognized only as a right of occupation, can only be erased by the United States. Oneida Indian Nation v. County of Oneida, 414 U.P.
661, 667 (1974). In the right of ownership, title, in the broad sense, refers to all rights that can be guaranteed and used under the law. This is often synonymous with absolute ownership. Ownership of the property normally means a simple fee reduction, which means that the owner has full and absolute ownership. However, the term does not necessarily imply absolute ownership; It can also mean simple possession or the right to be entitled to it. TITLE, legislation The part of an act of the legislator by which it is known differs from other legal acts by the name of the act. . .