Hi dariofoo, got several questions here:

1.
what's the major diff between an individual and master title?
why have a master title and not go straight for individual title?
what are the concerns for buyers of houses under master title?

2.
are there any major difference between final and qualified title apart from the fact that qualified title does not allow partitions?

3.
why for individual title require open/closed charge while without require DOA and PA?

4.
mind sharing the difference between the four types of caveats. I'm very blur on it.

Thanks

hey dario, thanks for your reply on my queries quite a while back. but i have a couple of questions in response to your answer:

1. are all transactions for properties without individual title applicable under NLC and if not, what act?
2. is a lien same as a lienholder's caveat? if no, what is the difference?
and what is difference between personalty and realty lien?

3. with regards to stamp duty and principal/subsidiary stamp duty, i understand them by definition but when it comes to application, i am confused.

mind providing example how stamp duty is charged with the documents involved in a simple buying/selling of property transaction?

4. with regards to charge and assignment, what are the differences between legal and equitible assignments? as far as i have come across, i would assume banks only deal with legal charges and assignments,

5. not sure if related to property but how would pledge and hypothecation work?

6. last of all, if a registrar caveat is the most powerful among the caveats, why won't banks/parties go for it over private caveat?

eg: if i pay 10%, i go RC i can prevent transactions going through if presented but not registered documents.

and does registrar caveat give power to sell or oonly lienholder' caveat?
TQ

This post has been edited by kobe8byrant: Feb 9 2012, 10:18 PM

Can anyone tell me what is a block title?