Augusta
VIP Contributor
Chain of title is about the recording of an asset owner from the former to the current owner. It is to show the history of ownership of a piece of property. This could be history of ownership either for land or personal property
Chain of Titles can be registered and kept with a centralized registry The main purpose of this is for tracing the historical transfer of asset ownership from the current owner back to the original owner.
Secondly, the act is to keep rigorous and accurate title records so as to establish ownership of property This is necessary to avoid criminals claiming other's property.
Chain of Titles can be registered and kept with a centralized registry The main purpose of this is for tracing the historical transfer of asset ownership from the current owner back to the original owner.
Secondly, the act is to keep rigorous and accurate title records so as to establish ownership of property This is necessary to avoid criminals claiming other's property.
