Title
Title is the legal concept of ownership rights in property, distinct from physical possession. In real property transactions, title quality is evaluated through recorded instruments, public record searches, and (often) title insurance underwriting.
- Where it applies
- New York State
- When it comes up
- Diligence → closing → post-closing (recording/curative)
- Property types
- All (fee simple, condominium, commercial, multifamily); co-ops indirectly (building title is held by the co-op corporation)
Read more in the Knowledge Base
- Title Insurance and Surveys - Resolving Title Issues Before ClosingBuyers
- Seller-Side Title Curative Actions - Clearing Liens, Judgments, and EncumbrancesSellers
- Boundary Lines, Surveys, and Title Defects in New York Residential PurchasesBuyers
- Statewide Closing Mechanics - Attorney Practice, Title, and Recording Outside NYCSellers
- Title and Lien Risk MitigationSellers
Title and Recording
- Assignment of Mortgage
- Bargain and Sale Deed (With Covenant Against Grantor's Acts)
- Bona Fide Purchaser (BFP)
- Borough-Block-Lot (BBL)
- Chain of Title
- City Register
- Condominium Common Charge Lien
- Consideration
- Conveyance
- Cover Page (NYC Recording)
General information, not legal, tax or financial advice.