Good title
|
|
Good title is a concept in property law.
For a valid transaction to take place, the previous owner must have an indefeasible title to the property and must transfer it to the new owner. Proof of this may be difficult, since it involves proving a negative: first there must not be anyone with better title than the previous owner, and second the previous owner must not have already transferred title to anyone else. Possible solutions include land registration where the state certifies the quality of titles and claims to property, or (friendly) litigation after the transaction where a court rules on the quality of the transferred title.
How to Update Wiki
The Law Wiki is still very new and so it's a great time to jump in and start updating it and learning how to use it. You really can't mess anything up, because all revisions are stored and can be rolled back by a moderator, so play away and you can help make this a great resource for WORLDLawDirect visitors.
|