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RE: Daily Dose of Sultnpapper 08/03/18> Where were we … oh yes; signing the papers.
What exactly does the deed to a property say in the US? In Canada, the deed is granted by the Queen to Province who in turn grant you permission to use the said property. It is never technically yours. And you have borrowed money that doesn't exist to buy property that is never yours, to begin with...Wow. Complicated much?
It is basically the same here, permission to use the property. It has the legal description to the property with the meets and bounds survey markings and legal description as recorded in the county plat. It also lists any restrictions or covenants that are on the property for use such as zoning, commercial, residential, agriculture etc.
Since 1933 the governments owns all the land, they confiscated it back then and the hold the title to all of it. Before then you could get an allodial title to property which is true ownership free of any superior landlord like the government. You didn't borrow anything in the transaction, unless you borrowed the pen to sign the papers, your signature created the money, that is right; created it. So if anyone loaned anything with regard to the money, you loaned it to yourself unknowingly.