Clear title

Clear Title
Financial Dictionary - Mortgages - Clear Title
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clear title
title that is clear of all claims or disputed interests. It is necessary to have clear title to a piece of real estate before it can be sold by one party to another.

Clear Title
A title that is free of encumbrances, liens or legal questions as to ownership of the property.

Clear Title: a property title that has no defects. Properties with clear titles are marketable for sale.

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.
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Clear Title (finance term)
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Clear title
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Good or clear title reasonably free from risk of litigation over possible defects. Marketable title need not, however, be perfect title.

Just title
See: Clear title
Justified price
The fair market price of an asset.

When there is no clear title to a property, there is usually a suspension of real estate ownership that is put into place. During this period where a suspension of title is imposed, it is possible for several things to occur.

ABSOLUTE TITLE - a clear title that is free of any liens or judgments. A clear title is normally requir...
ABSOLUTE-PRIORITY RULE - The rule in bankruptcy or reorganization that claims of a set of claim holders...

clear title A title that is free of liens and legal questions as to ownership of the property.... clearance The collection of funds which a check is drawn on, and the payment of those funds to the bearer.

Title Insurance - this insurance assures the homeowner that he or she has clear title to the property. Lenders also require title insurance, so the new mortgage loan is in first position.

A legal right or interest in land that affects a good or clear title, and diminishes the land's value.

Just title is also called "clear title," "good title," "perfect title," and "free and clear." A property with just title is considered marketable and saleable.

Marketable title - Good or clear title, reasonably free from the risk of litigation over possible defects.
Market value - The most probable price a property would bring in an arm's-length transaction under normal conditions on the open market.

An Islamic financing structure, where an intermediary buys a property with free and clear title to it.

A determination that a seller cannot pass clear title of property to a buyer.
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Refined features or materials that a builder offers for an extra charge.

The risks include the seller's inability to transfer clear title when the investor seeks to exercise the option.

All cattle are to be delivered with a clear title, or if encumbered, with payment made jointly to SELLER and the lien holder, (name of lien holder).
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A deed which states that the seller holds the clear title of the goods or real estate to be sold. This gives him or her the right to sell the title to a prospective buyer.
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Title Policy
Definition: Insurance policy guaranteeing the clear title of real estate property.

(ii.) The temptation or thought of reaping hyper profits or quick returns on investment should be avoided. It may have an unclear title or incomplete documentation or encumbered by litigation or ownership tussle.

Breach of Warranty
Inability, on the part of the seller, to pass along clear title to a buyer.

A Federal law that preempts state laws including the UCC as they apply to farm products. The law allows certain buyers to obtain clear title to farm products regardless of security interests that the seller previously granted to secured lenders.

To eliminate a long or short position, leaving no ownership or obligation.
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A breach of warranty is a violation of a sales agreement that pertains to the condition or title of the item or property being sold. In real estate, a breach of warranty occurs when the seller is unable to transfer clear title of property to the ...

" Just-in-time inventory systems Systems that schedule materials to arrive exactly when they are needed in the production process. Just title See: Clear title Justified price The fair market price of an asset. Back to the top ...

See also: Encumbrance, Mergers, Saving, Expense, Cloud