Definition
The legal proof that you actually own a property, as opposed to just living there and hoping no one notices. It's the document (or more often, the abstract concept) that gives you the right to sell, modify, or otherwise lord over your real estate kingdom. Title issues are the stuff of homebuyer nightmares—turns out someone's great-uncle from 1847 might still have a claim to your kitchen.
Example Usage
The title search revealed an old lien on the property that had to be cleared before the sale could proceed.
Source: Real estate and legal terminology via standard dictionary definition
Related Terms
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See “title” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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