clear title

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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.

Clear Title

The title to a property where there are no competing claims, liens, or anything else that would hinder its transfer. That is, if a property has undisputed ownership, its owner is said to have clear title. An owner with clear title may sell the property without any legal difficulties. Generally speaking, a real estate broker researches a property to ensure that there are no competing claims. See also: Quitclaim deed, Title search.

clear title

Good title; marketable title; title to real property without any defects, liens, mortgages or adverse claimants.

References in periodicals archive ?
For too long fraudulent resellers have relied upon a confusing 51-state titling regime to market rebuilt or stolen vehicles with clean titles," said Regan, appearing before the Commerce, Trade and Consumer Protection Subcommittee of the House Energy and Commerce Committee.
At this stage it would be prudent to ask the finance company for a letter granting her clean title.
Ex-Im Bank is initiating a process in which it seeks cash offers to purchase the aircraft with clean title on an "as-is, where-is" basis.
com), a leading provider of vehicle history reports, and Copart, the leading online auction of used, salvage and clean title vehicles, today announce the availability of instaVIN Vehicle History & Title Reports through Copart's online vehicle listings (www.
instaVIN reports provide expanded title and brand information and help identify clean title vehicles from salvage titled vehicles.
CARFAX Vehicle History Reports can confirm a clean title history or identify serious problems with any used car, including salvage history, odometer fraud, flood damage and more.
With ELT, we have no paper title to receive and store and when our member satisfies the underlying loan, the DMV sends a clean title to the borrower.
QCSA Holdings is the nation's largest independent salvage auction company, partnering with leading insurance companies, automotive institutions and charities to remarket total loss, recovered theft, donation, and low end clean title vehicles to an audience of global buyers.
The extent of fraudulent retitling was revealed in part in 2005, when 49 states settled with State Farm after the insurer revealed that over 30,000 wrecked cars had been rebuilt and sold with clean titles.
All of the vehicles have clean titles, and are already PA inspected.
Thousands of these damaged vehicles are sold at salvage auctions, rebuilt and re-enter the market with clean titles, so consumers, wholesale auto auctions and dealers may have no way to learn about the total loss.