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A clear title, also known as a “clean title,” is a property title that is free from liens or additional issues that could jeopardize ownership, such as boundary disputes (encroachments) or ...
Title is distinct from possession, a right that often accompanies ownership but is not necessarily sufficient to prove it (for example squatting ). In many cases, possession and title may each be transferred independently of the other. For real property, land registration and recording provide public notice of ownership information.
In real estate business and law, a title search or property title search is the process of examining public records and retrieving documents on the history of a piece of real property to determine and confirm property's legal ownership, and find out what claims or liens are on the property. [1] A title search is also performed when an owner ...
Title insurance offers protection from flaws in a property’s title, including liens, ownership disputes, falsified or forged documents and encroachments.
Title insurance is a form of indemnity insurance predominantly found in the United States and Canada which insures against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage loans. Unlike some land registration systems in countries outside the United States, US states' recorders of ...
Marketable title. Marketable title ( real estate) is a title that a court of equity considers to be so free from defect that it will legally force its acceptance by a buyer. Marketable title does not assume that absolute absence of defect, but rather a title that a prudent, educated buyer in the reasonable course of business would accept.
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