When the certificate of title is filed, what happens to the sale?

When the certificate of title is filed, the sale stands confirmed. This means that once the certificate of title is recorded, it serves as a formal acknowledgment of the title transfer from the seller to the buyer. The recording of the certificate provides public notice that the sale has been completed and that the new owner holds legal title to the property.

Filing a certificate of title signifies that all requirements for the transfer have been satisfied, including any necessary examinations and approvals. It establishes the legitimacy of the transaction and provides assurance to the buyer that their ownership is recognized legally, thereby solidifying the intent and completion of the sale. This confirmation is crucial in real estate transactions as it protects the interests of the parties involved and any future transactions related to the property.