Max Sound Corporation (MAXD)

[grantastic]

"What counts is the registration"

Depends entirely on the purpose.

A person can own a corporation which has title to the real estate. Even though that person is not "on the title" he still has de-facto control of that property.

A person can own a contract to purchase a property for $10,000. If that property has a market value of $15,000, then that contract is worth $5,000. In this case, it doesn't matter who is on title, because the contract can be assigned.

A person may wish to sue his neighbour for an easement. In this case, who is on title DOES matter because only the titled owner has standing. However, someone in either of the 2 situations above *COULD* file suit, either by exercising the option, or by directing the controlled corporate entity to file suit.