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Glossary of Terms > T > Title

Title

One of the most important facets in the home ownership quest. It's the legal document proving a person's right to or ownership of the property. This is the most important document you will have, as it is official evidence that the home or land is yours. Title companies are agencies that specialize in examining and insuring titles. During the purchasing process, a title check of any records is often performed to ensure that the seller is the legal owner of the property and that there are no liens or claims pending on it.

T Terms

Teaser Rate

Temporary Buydown

Term

Timeshare

Title

Title Insurance

Total Expense Ratio

Total Interest Payments

Transfer of Ownership

Treasury Index

Truth-In-Lending

Two-Step Mortgage