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:
“Life direct...is what Flaubert and Joyce have convinced themselves the man may never get quite clear of but the artist has nothing to do with. What they can’t admit is that t is overrated: which artists, faking and fumbling it together out of spit and toothpicks, should know best of all.”
—Marvin Mudrick (1921–1986)
“And Reason kens he herits in
A haunted house. Tenants unknown
Assert their squalid lease of sin
With earlier title than his own.”
—Robert Bridges (1844–1930)