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“A seller cannot convey a better title tothe buyer than he himself has.” Discuss the exceptions to this rule?
“A seller cannot convey a better title to the buyer than he himself has.” Discuss the exceptions to this rule.
'a seller cannot convey a better title to the buyer than he himself has' discuss this rule of law and point out its exceptions?
This rule means that a seller cannot transfer more rights to a buyer than they possess. Exceptions may include instances where the seller has obtained additional rights through a third party after the initial sale, or where the seller has the authority to pass on certain warranties or guarantees to the buyer. In such cases, the seller may convey a better title to the buyer than they initially had.
A seller cannot covey a better title than that of his own?
This statement means that a seller can only transfer the rights or ownership they possess, known as "title," to a buyer. If the seller has a flawed or limited title, they cannot provide the buyer with a better or more secure title than what they themselves hold. This principle underscores the importance of ensuring clear title in property transactions, as buyers assume the risk associated with any existing claims or encumbrances. Thus, buyers should conduct due diligence to verify the seller's title before completing a transaction.
You bought a clear without title and cannot the seller HOW to get a title in your name?
The seller needs to sign on the dotted line and give the title to you. You send it to the address stated on the title to have it changed.
What if i got a motorcycle but the seller nevr sent me the title?
If you get a motorcycle but the seller never sends you the title, you should contact the seller. If the seller still does not give you the title, you should take the seller to court. The seller is obligated to provide you with a valid title so that you can register the car.
What is a bond for title?
Property sales contract which is mutually binding on both parties, where the title remains with the seller until the purchase price is paid by the buyer. Contract to convey title once certain contract terms are satisfied.
How does title insurance affect the seller who had no title insurance?
A seller with no title insurance:If a person has offered their property for sale and accepted an offer to purchase generally the intelligent buyer's attorney will have the title to the property examined by a professional title examiner. If the title exam reveals a defect in the title and the seller was not covered by a title insurance policy then the seller must pay to have the defect resolved. Title defects can be very costly to resolve.Generally, if the seller chooses not to have the defect resolved the buyer can back out of the sale and get their deposit back. However, the seller has been put on notice regarding the defect.The new owner's title insurance:The new title insurance does NOT affect the seller in any way. Coverage is given only to the new owner under the Owner's Policy. If the seller cannot clear the defects and the buyer still wants to purchase the property, the issuing Title Agency has the option of insuring the title, but excepting the defects from coverage to the new owner. Thereby, the risk is assumed by the buyer, not by the Title Agency.
Where does the seller sign on a car title?
The seller typically signs on the back of the car title in the designated "seller" or "transferor" section.
Where at on a title does the seller sign?
under the title
Did the seller write the wrong mileage on the title?
Yes, it appears that the seller wrote the wrong mileage on the title.
Is the buyer or seller responsible for title insurance in Texas?
The seller is required to provided a clear title; purchasing title insurance is generally a part of this.
Can you register a car if you received the bill of sale but not the title?
Generally, you must have the title, signed by the seller/owner, and a bill of sale in order to register the vehicle in your name. The sale isn't valid unless the buyer receives both. If the seller does not turn over the title, the buyer cannot register the car and has no proof that the seller owned the vehicle. If you have questions contact the Department of Motor Vehicles in your jurisdiction.
