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Chicago Title Alta Statement  Form

Chicago Title Alta Statement Form

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Instructions and help about illinois owners loan

if you are a real estate agent or you're interested in becoming a real estate agent then you have probably heard these two terms title and deed used interchangeably but I'm going to explain today what is the difference and the fact that they are not exactly the same [Music] thing I'm Tiffany Weber I'm a real estate attorney in moresville North Carolina at Thomas and Weber let's get right into it all right first we're going to start with title because this is the foundational concept so title refers to ownership your ownership of the property so title is comprised of a lot of different things if you're sitting in a law school property class right now your professor might describe it to you as the bundle of sticks so when you own property you have this bundle of sticks so one stick might be the right to convey the right to lease the right to encumber the right to possession you have all of these different rights to do things with yo

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