It is a matter of rather common knowledge that buying a new home is a huge investment and one of the key aspirations for any family. Now, we understand you are thrilled about reaching a new milestone in your life. But there are certain aspects that generally become important after buying a new house such as a land title in AB that you must not overlook. In this post, we have answered some of the most frequently asked questions about land title search in AB.

What does the term land title mean?

A land title in AB to say the least is the extent of the interest or the evidence of the right of the owner over a piece of land. This in other words means that an owner has the right to exclusive enjoyment, possession and control over the registered land.

What is the basic difference between a land title and a deed?

Yes, land title in simple words is an evidence of the right of the owner over a piece of land. A deed on the other hand refers to any written document that is executed in accordance to law and wherein a person exclusively coveys or grants the right to a land to another person.

Some common examples of deed include: deed of sale, deed of donation, lease contract and deed of mortgage etc.

What is the benefit of having a land title?

A land title is usually considered extremely important because it is the only document that can prove a person’s ownership over a particular property or a piece of land.

Should I keep my land title in a safe and secure location?

Yes, absolutely. Land titles in general play a crucial role in facilitating land negotiations and preventing disputes between parties. It is therefore usually advisable to keep the land ownership documents in a safe and secure place such as a safe, locker or safety deposit box to protect them from getting misplaced.

What does a land title search mean?

A land title search in AB is usually conducted to identify any potential issues that might arise with the land ownership in the future. This is basically done to protect unsuspecting land owners from accepting any past liabilities, fees or taxes.

As a pro tip, always make it a point to keep an additional copy of all the papers, documents that you might receive during and after the home buying and land title registration process. This tip is especially important to protect the investment and to save it for future references. Now, in case you are looking for a land title search in AB firm, then consider contacting speedy search today.

Olivier Thomas is the author of this article. To know more about Business Name Search in BC. Please visit our website: https://www.speedysearch.ca/alberta/land-title-services/alberta-land-title-search/