Title Clearance
/ˈtaɪtəl ˈklɪər.əns/
Definitions
- (n.) The process of verifying and confirming that a title to real property is legally valid and free of liens, encumbrances, or other defects.
Before purchasing the property, the buyer requested a thorough title clearance to ensure there were no hidden claims.
Related terms
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Commentary
Title clearance is a crucial step in real estate transactions to prevent future ownership disputes; precise language is essential to define the scope of the clearance process.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.