Domestic Transfer
Transfer of ownership is the process of transferring the legal rights and obligations of a property or asset from one entity to another. It can involve various steps and documents depending on the type and nature of the property or asset being transferred. For example, transferring the ownership of a car may require a bill of sale, a title transfer, and a registration fee. Transferring the ownership of a house may require a deed, a title search, and a closing statement. Transfer of ownership can also occur through inheritance, gift, donation, or foreclosure.
