Typically all the solicitor will need is a photocopy of the title…
In the US the actual title is not needed after it has been recorded in the local Register of Deeds because that is where the official governmental records on land ownership are kept. The original is typically returned to the owner after it is recorded.
In Austrialia, there is a central registration system also.. so I’ll bet once the title is recorded you do not have to worry about the physical deed.
You do not need to leave the title to your property with your solicitor, however it does need to be kept in a safe place. Solicitors will hold your title in safe custody for you, so that you know that it is safe, (fire proof storage). They will always give it back to you if you should request its return.
I know many people who have left their title with solicitors and have appreciated the security of knowing their title was safe.
Typically all the solicitor will need is a photocopy of the title…
In the US the actual title is not needed after it has been recorded in the local Register of Deeds because that is where the official governmental records on land ownership are kept. The original is typically returned to the owner after it is recorded.
In Austrialia, there is a central registration system also.. so I’ll bet once the title is recorded you do not have to worry about the physical deed.
No. No one should have your house title but you. Keep it in a safe place with your other papers.
You do not need to leave the title to your property with your solicitor, however it does need to be kept in a safe place. Solicitors will hold your title in safe custody for you, so that you know that it is safe, (fire proof storage). They will always give it back to you if you should request its return.
I know many people who have left their title with solicitors and have appreciated the security of knowing their title was safe.