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Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

chain of title

1. The ownership history of a piece of land, from its first owner to the present one. - Also termed line of title. 2. The ownership history of commercial paper, traceable through the indorsements. ( For the holderto have good title, every prior negotiation must have been proper. If a necessary indorsement is missing or forged, the chain of title is broken and no later transferee can become a holder. chain-referral scheme. See PYRAMID SCHEME.