Which factor is NOT considered in determining the type of ownership listed on a certificate of title?

The basis for determining the type of ownership listed on a certificate of title primarily focuses on the rights and interests of the owners and how those rights are structured. This generally includes elements like the number of owners, rights of survivorship, and any encumbrances such as mortgages, as these factors directly impact the ownership structure.

The number of owners indicates whether the property is held in joint tenancy, tenancy in common, or another form of ownership. Rights of survivorship dictate what happens to the property upon the death of one of the owners, which is critical for understanding ownership transfer. Pre-existing mortgages are relevant because they can affect ownership rights, particularly if the property is subject to debts that must be satisfied.

On the other hand, local property taxes do not directly affect the type of ownership as recorded on the certificate of title. While property taxes are an obligation for real estate owners, they pertain more to financial responsibilities and local governance rather than the classification of ownership itself. Therefore, local property taxes are not a factor considered in determining the type of ownership on a certificate of title.