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National Real Estate Ch 5 Property Ownership and the Form

National Real Estate Ch 5 Property Ownership and the Form

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[Music] hi there welcome back today is about chapter five which covers the concept called conveyances and we're going to have the following objectives number one define the term title and how it relates to real estate number two we're going to define how title is transferred and finally what exactly is conveyance and what's involved in it first of all what exactly is a title well a title gives you the right of ownership you can use it enjoy it sell it abandon it so basically you're entitled to that piece of property to convey a title is to transfer a title from one owner to another specific to real estate the conveyance or transfer of title of real property is called alien nation there are two types of alienation voluntary and involuntary of course a voluntary is friendly it usually involves a sale or a gift involuntary unfortunately usually requires some legal action a lot of title conveyances that can also involve the government they include patent for

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