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:
“I don’t know what immutable differences exist between men and women apart from differences in their genitals; perhaps there are some other unchangeable differences; probably there are a number of irrelevant differences. But it is clear that until social expectations for men and women are equal, until we provide equal respect for both men and women, our answers to this question will simply reflect our prejudices.”
—Naomi Weisstein (b. 1939)
“Down the road, on the right hand, on Brister’s Hill, lived Brister Freeman, “a handy Negro,” slave of Squire Cummings once.... Not long since I read his epitaph in the old Lincoln burying-ground, a little on one side, near the unmarked graves of some British grenadiers who fell in the retreat from Concord,—where he is styled “Sippio Brister,”MScipio Africanus he had some title to be called,—”a man of color,” as if he were discolored.”
—Henry David Thoreau (1817–1862)