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:
“If you do not remember while you are writing, it may seem confused to others but actually it is clear and eventually that clarity will be clear, that is what a master-piece is, but if you remember while you are writing it will seem clear at the time to any one but the clarity will go out of it that is what a master- piece is not.”
—Gertrude Stein (1874–1946)
“A familiar name cannot make a man less strange to me. It may be given to a savage who retains in secret his own wild title earned in the woods. We have a wild savage in us, and a savage name is perchance somewhere recorded as ours.”
—Henry David Thoreau (1817–1862)