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:
“It is thyself, mine own self’s better part:
Mine eye’s clear eye, my dear heart’s dearer heart,
My food, my fortune, and my sweet hope’s aim,
My sole earth’s heaven, and my heaven’s claim.”
—William Shakespeare (1564–1616)
“The End?”
—Theodore Simonson. Irvin S. Yeaworth, Jr.. End title card, The Blob, printed on screen at the end of the movie (1958)