The title is what gives you ownership of a property. As a buyer you want a clear or clean title â one that doesn’t have liens for unpaid taxes against it, or claims of ownership by a faraway aunt or uncle, or a surprise easement through the backyard to reach power lines or a cell phone tower.
When someone applies to Land Registry to register their title to a piece of land then they have to show at least some of the pre-registration title deeds to Land Registry to prove that they have title to that land. Sometimes Land Registry simply inspects those pre-registration title deeds and then returns them to the applicant – in which case no-one now holds the pre-registration title deeds because they have long since been destroyed.
It is possibly some legal requirement that people selling presumed titles highlight that they are novelty product but I have personally used mine to great effect. While you can never say with absolute certainty that something has happened because you have a title or not I have noticed a different when using it. Robert Smith of the Manorial Society says he does not believe titles should be viewed as investments, but accepts they can increase in value. He also points to the perks a title can offer such as fishing and mining rights and the prestige it may bring in business and private life.
Between them, these several sites purport to be offering some 4,000 Lordships. That is a great number when there are only 13,418 Lordships in Domesday Book. You could ask one of these operators for a selection of press stories about the Lordships they are offering. Legitimate agents will send press releases and Catalogues to the local press where they have Lordships for sale to spread the word. The dubious operators have no Catalogue to send and do not welcome press inquiries.
So, let’s just say hypothetically, you invested $7000-$8000 in it. It’s a 2012 salvaged title with like 40,000 or 50,000 miles on it. You’re going to be able to sell it because it’s fairly … Read the rest