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:
“Go thou my incense upward from this hearth,
And ask the gods to pardon this clear flame.”
—Henry David Thoreau (1817–1862)
“In Goya’s greatest scenes we seem to see
the people of the world
exactly at the moment when
they first attained the title of
‘suffering humanity’”
—Lawrence Ferlinghetti (b. 1919)