clear title
Definition
Ownership claim to an asset or property that is free of all encumbrances (such as known claims, court-attachments, liens, pending judgments) and, therefore, is marketable. A clear title is required to sell or mortgage a property. Also called clean title or perfect title.
email to a friend
print this definition
cite this definition
link to this page
clear title is in the Banking, Commerce & Finance, Corporate, Commercial, & General Law and Real Estate & Buildings subjects.
clear title appears in the definitions of the following terms: encumbrance, clean title and land
This content can be found on the following page:
http://www.businessdictionary.com/definition/clear-title.html