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cloud on title |
Also found in: Legal, Wikipedia | 0.01 sec. |
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Cloud on title Any claim or encumbrance, usually discovered in a title search, that may impair the title to a property, and make its validity questionable. See: bad title. Cloud on Title Any claim to the title on a property that puts another claim into question. That is, one may own a property that another person claims with some (though by no means clear) legal justification. Clouds on title normally arise in the sale of a property when a buyer or real estate broker is conducting due diligence. cloud on title Something that appears on its face to constitute a defect in title or a claim against property, but which may be cleared through the execution of affidavits, quitclaim deeds, or corrective deeds,or by means of a lawsuit called an action (or bill) to quiet title. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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