Clear Title

Also known as "clean title," "just title," "good title" and "free and clear title." A clear title is a title without any kind of lien or levy from creditors or other parties and poses no question as to legal ownership. For example, an owner of a car with a clear title is the sole undisputed owner, and no other party can make any kind of legal claim to its ownership.

A clear title is necessary in any real estate transaction. Title companies must do a search on every title in order to check for claims or liens of any kind against them before they can be issued. Erroneous surveys and unresolved building code violations are two examples of blemishes that can make a title "dirty."

Investment dictionary. . 2012.

Look at other dictionaries:

  • clear title — see title Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. clear title n. A title f …   Law dictionary

  • Clear title — is the phrase used to state that the owner of real property owns it free and clear of encumbrances. In a more limited sense, it is used to state that, although the owner does not own clear title, it is nevertheless within the power of the owner… …   Wikipedia

  • clear title — Good title; marketable title; one free from incumbrance, obstruction, burden, or limitation. Frank v. Murphy, 64 Ohio App. 501, 29 N.E.2d 41, 43. Syn clear title, good title, merchantable title, marketable title, are synonymous; clear title… …   Black's law dictionary

  • clear title — Title to ownership that is untainted by any claims on the property or disputed interests, and therefore available for sale. This is usually checked through a title search by a title company. Bloomberg Financial Dictionary …   Financial and business terms

  • clear title — Good title; a legal and equitable title to land free from litigation, grave doubts, and palpable defects. Veselka v Forres (Tex Civ App) 283 SW 303, 306; a title free from material defects; a merchantable or marketable title. 30 Am J2d Exch § 23 …   Ballentine's law dictionary

  • clear title — /klɪə taɪt(ə)l/ noun title to property without any charges or other encumbrances …   Dictionary of banking and finance

  • clear title — Fin see good title …   The ultimate business dictionary

  • clear title — noun full ownership of something, usually land, that is free of any encumbrances …   Wiktionary

  • clear title — property that is free of liens, property that does not have mortgages against it (Legal) …   English contemporary dictionary

  • title — ti·tle n [Anglo French, inscription, legal right, from Old French, from Latin titulum inscription, chapter heading, part of the law that sanctions an action] 1 a: the means or right by which one owns or possesses property; broadly: the quality of …   Law dictionary

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