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:
“Parenting can be established as a time-share job, but mothers are less good “switching off” their parent identity and turning to something else. Many women envy the father’s ability to set clear boundaries between home and work, between being an on-duty and an off-duty parent.... Women work very hard to maintain a closeness to their child. Father’s value intimacy with a child, but often do not know how to work to maintain it.”
—Terri Apter (20th century)
“Now that the steam engine rules the world, a title is an absurdity, still I am all dressed up in this title. It will crush me if I do not support it. The title attracts attention to myself.”
—Stendhal [Marie Henri Beyle] (1783–1842)