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Common Reasons For Title Changes
Correction of errors: Errors on the title such as misspelled names, incorrect property descriptions, or other inaccuracies need to be corrected to ensure the title is accurate.
Transfer of ownership: A change in ownership due to a sale, gift, or inheritance requires the transfer of the title to the new owner.
Addition of a co-owner: If a property is going to be owned by multiple parties, the title needs to reflect this change to ensure everyone’s interests are protected.
Encumbrances: If there are liens, mortgages, or other encumbrances on the property, they need to be reflected on the title to ensure all parties are aware of them.
Splitting or merging of property: When a property is split into smaller plots or merged with other plots, the title needs to reflect this change.
Estate planning: In the event of a death, the title may need to be changed to reflect the distribution of the property according to a will or trust.