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:
“Seems fairly clear that you fix a breed by LIMITING the amount of alien infiltration. You make a race by homogeneity and by avoiding INbreeding.... No argument has ever been sprouted against it. You like it in dogs and horses.”
—Ezra Pound (1885–1972)
“All his works might well enough be embraced under the title of one of them, a good specimen brick, “On Heroes, Hero-Worship, and the Heroic in History.” Of this department he is the Chief Professor in the World’s University, and even leaves Plutarch behind.”
—Henry David Thoreau (1817–1862)