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Title deeds |
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Title deedsDocuments stating who has title or right to the ownership of a property, which also show the boundary of the land.Title deeds Similar MatchesAmerican Land Title Association (ALTA)American Land Title Association (ALTA)A national association of title insurance companies, abstractors, and agents. The association adopts standard title policy forms. Insurable titleInsurable titleTitle to property that a company agrees to insure against defects and disputes. Cloud on titleCloud on titleAny claim or encumbrance, usually discovered in a title search, that may impair the title to a property, and make its validity questionable. See: bad title. Title PlantTitle PlantThe information warehouse of a fide company in which it has accumulated and is constantly updating the records of properties in its area which it can use to search title to real property. Entitlement issueEntitlement issueAn entitlement issue, also known as an open offer, is an offer made by a quoted company to its shareholders inviting them to buy new shares in the company at a set price, which is normally lower than the current market price.The purpose, as with a rights issue, is to raise new capital for the company. Unlike a rights issue, an entitlement issue cannot be traded or sold on by the shareholder - usually, if you do not take up your entitlement, it lapses. Because of this, when an entitlement issue is announced, you will be allocated sub shares, not nil paid shares.The other way that entitlement issues differ from rights issues is that sometimes you will be allowed to apply for more than your strict entitlement under what is known as 'excess application'. Shareholders tell the company (or its registrar) how many shares they want to buy, including any excess shares, and pay over money to cover their application. The company, before announcing the offer, will have determined how much capital it wants to raise, and the number of shares it needs to sell in order to raise the amount. When it has received all applications, it will either scale them back (if more shares have been applied for than it wants to sell) or it will issue all the shares requested (including any excess applications). If a shareholder's application is scaled back, he or she will be repaid funds for the shares not actually issued.One point worth noting is that shareholders who hold the relevant company shares in a PEP, ISA and SIPP will only be able to take up their entitlement rights if they have enough money in those accounts to pay for the new shares. For the purposes of CGT, the acquisition date for an entitlement issue is the acceptance date that a client took up their entitlement. Further SuggestionsJust titleClear title Defeasible Title Merger Of Title Title insurance Adverse possessory title Title insurance title Marketable title Perfecting Title Certificate of title Chain of Title Abstract Of Title Clear Title Examination of title Title Tag Possessory title C Califomia Land Title Association (CLTA) Title Title Title risk Unmarketable Title Certificate Of Title Title company proof of title |
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