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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.
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
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.