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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

clear title

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

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Global Steel had brought NSC creditors and liquidator to a Singaporean arbitration after the latter allegedly failed to deliver clean titles of the Iligan City facilities due to unpaid real estate taxes owed by the NSC.
Etisalat has already withheld payment of last tranche of about USD 780 million since the Government failed to transfer clean titles of the properties in favor of PTCL.
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. Although State Farm admitted no wrongdoing, it entered into an agreement with the states that provided compensation to owners of the retitled vehicles.
Spokesman Rod Holmes said: ``We would hope that we can reach private agreements with most traders but there is no doubt we will need compulsory purchase orders to assemble the site, not least to ensure that we get clean titles to the land involved.''
It also provides good service through ease of transference of ownership (wherein it always provides clean titles) and after sales management and service.