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Finance Assignment | Professional Writing

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May 24th, 2020

The majority of homeowners do not understand the concept of proof of ownership. Explain.

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My professor said there is no actual ownership of real estate. It is a concept since there is no title for the house just the deed which is the transfer of rights not ownership.

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However, online I see there are about 5 different types od property ownership. So is there ownership in real estate or is my professor correct on the fact that ownership is just a concept?

I was wondering if someone could clear this up for me? Thanks.

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