Clear Title
A clear title to property is one that clearly states any obligation in the deed to the property. It reveals no breaksin the chain of legal ownership. After the records of the property have been traced and the title has been found clear, it is sometimes guaranteed, or insured. In a few states, a different system of insuring title of real properties provides for registration of a clear title with public authorities. After this is accomplished, no abstract of title is necessary.
Read more about this topic: Abstract (law)
Famous quotes containing the words clear and/or title:
“Families have always been in flux and often in crisis; they have never lived up to nostalgic notions about “the way things used to be.” But that doesn’t mean the malaise and anxiety people feel about modern families are delusions, that everything would be fine if we would only realize that the past was not all it’s cracked up to be. . . . Even if things were not always right in families of the past, it seems clear that some things have newly gone wrong.”
—Stephanie Coontz (20th century)
“Eternity is not ours by right; and, alone, unrequited sufferings here, form no title thereto.”
—Herman Melville (1819–1891)