The mortgage definition for Clear title:
Ownership of the property is clear, with no legal complexities.
Adverse possessory titleAdverse possessory title
If a piece of land is occupied without permission for at least 12 years, the occupier can become the legal owner.
Certificate of titleCertificate of title
A written opinion on the status of a piece of property based on an examination of the public record.
Examination of titleExamination of title
An inspection by a title company of public records and other documents to determine the chain of ownership of a property.
Further Suggestions Insurable title
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