qualified title
[ˈkwɑːlɪfaɪd ˈtaɪtəl]
nounpl: qualified titles
título de propriedade qualificado
1. A property title that is not absolute or free from defects; ownership of real estate that is subject to certain conditions, encumbrances, or limitations that may affect the full use or transfer of the property.
The buyer received a qualified title due to the existence of an easement on the property.
O comprador recebeu um título de propriedade qualificado devido à existência de uma servidão sobre o imóvel.
2. In real estate law, a title that may be challenged or is subject to some restriction, lien, or other claim against the property.
The surveyor's report revealed that the property had a qualified title because of unpaid property taxes.
O relatório do topógrafo revelou que o imóvel tinha um título qualificado devido a impostos sobre a propriedade não pagos.
In both Brazilian and American real estate practice, 'qualified title' is a critical legal concept that affects property value and marketability. In Brazil, the Cartório (property registry office) plays a central role in documenting and certifying title qualifications. Buyers and lenders take qualified titles very seriously as they may affect financing approval and property resale potential. Title insurance in the US is often purchased specifically to protect against issues arising from qualified titles.
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