Title Reservation
/ˈtaɪtəl rɛzərˈveɪʃən/
Definitions
- (n.) A legal mechanism that allows an individual or entity to secure a future interest or claim in a property title before full ownership is officially transferred.
She filed a title reservation to ensure her rights to purchase the property once the conditions were met.
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Commentary
Title reservations are often used to protect a buyer’s interest during negotiations or pending fulfillment of contractual obligations, preventing others from claiming superior rights.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.