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History for Transfer of Ownership (history as of 03/06/2015 11:39:23)

 A transfer of ownership is any means by which ownership of a property changes hands. These include purchase of a property, assumption of mortgage debt, exchange of possession of a property via a land sales contract or any other land trust device. For example, if a person were to give someone a car as a gift, a transfer of ownership would need to be done so that the title was in the new owners’ name.

Source: http://dictionary.findlaw.com/definition/transfer-of-ownership.html

  

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