In a sense, title is also descriptive of your responsibility for the liabilities it brings in its relationship to the public at large, because when people are injured by or on your property, your title may define your responsibility for their injury. Title is also your relationship to the value of the property, and thus the incentive to preserve and protect that value. ![]() Title determines whether property may serve as collateral for a loan, whether it can be leased to others, sold for gain, and gifted for charity or support, and devised or bequeathed for continuation of family wealth and legacy. The term title describes the scope of ownership of private property, and how one holds title to property impacts flexibility in how it is managed and used. IntroductionĮssential to decisions concerning your resources for farm operation, forest management and legacy transfer planning is understanding the nature and extent of your ownership rights in the land and things available to you for disposal for personal and business use. Please note that some applications and/or services may not function as expected when translated. NC State Extension does not guarantee the accuracy of the translated text. As with any Internet translation, the conversion is not context-sensitive and may not translate the text to its original meaning. To the extent there is any conflict between the English text and the translation, English controls.Ĭlicking on the translation link activates a free translation service to convert the page to Spanish. Por favor, tenga en cuenta que algunas aplicaciones y/o servicios pueden no funcionar como se espera cuando se traducen.Įnglish is the controlling language of this page. NC State Extension no garantiza la exactitud del texto traducido. ![]() ![]() Al igual que con cualquier traducción por Internet, la conversión no es sensible al contexto y puede que no traduzca el texto en su significado original. En la medida en que haya algún conflicto entre la traducción al inglés y la traducción, el inglés prevalece.Īl hacer clic en el enlace de traducción se activa un servicio de traducción gratuito para convertir la página al español. El inglés es el idioma de control de esta página.
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