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:
“O, pluck was he to the backbone and clear grit through and through;
Boasted and bragged like a trooper; but the big words wouldn’t do;
The boy was dying, sir, dying, as plain as plain could be,
Worn out by his ride with Morgan up from the Tennessee.”
—Constance Fenimore Woolson (1840–1894)
“It was his title that killed me. I had never spoken to a lord before. Oh, me! what a fool, what a beast I have been!”
—Anthony Trollope (1815–1882)