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:
“We, the soldiers who have returned from battles stained with blood; we who have seen our relatives and friends killed before our eyes; we who have attended their funerals and cannot look in the eyes of their parents; we who have come from a land where parents bury their children; we who have fought against you, the Palestinians—we say to you today, in a loud and a clear voice: enough of blood and tears. Enough.”
—Yitzhak Rabin (1922–1995)
“Eternity is not ours by right; and, alone, unrequited sufferings here, form no title thereto.”
—Herman Melville (1819–1891)