Glossary

Certificate of Sale
Evidence of a purchaser’s acquisition of legal title at a judicial sale, subject to redemption rights, if any.

Certificate of Title
Certified statement as to land ownership based upon examination of record title.

Chain of Title
A chronological list of documents comprising the record history of title to a specific parcel of real property.

Commitment
A pledge, promise, or firm agreement; also, a title insurer’s contractual obligation to insure title to real property.

Contract of Sale
An agreement entered into for the sale and purchase of property.

Deed
Written document transferring title to land from one person to another.

False Personation
Assuming, without authority, the identity of another person for fraudulent purposes.

Grant
A transfer of real property by deed.

Grant Deed
A written instrument transferring title to real property.

Grantee
The person acquiring title to real property by a deed.

Grantor
The person transferring title to real property by a deed.

Guarantee of Title
A form of title insurance based solely upon public record disclosures.

Owner’s Policy
A policy of title insurance insuring the title of an owner.

Prima Facie
Assumed correct until overcome by further proof.

Record
To incorporate into the public records of the County Recorder; also, the system of public records imparting constructive notice of title to claims, or interests, in real property.

Recording
The act of filing documents for record in the office of the County Recorder.

Satisfaction
The performance of the terms of an obligation.

Title
The sum total of a person’s right or the extent of his/her interest in real property.

Title Insurance
Assurance of indemnification for loss occasioned by defects in the title to real property or to an interest therein which is insured.

Title Search
The assembled links required to complete a chain of title to a parcel of real property.

Warranty Deed
A deed containing express covenants as to good title and right to possession.