Clear title
Term · Law · MLC-T-LAW-001017
Ownership of real property that is free from any liens, encumbrances, or defects that could impair its transferability or value. A title search is conducted to verify that no outstanding claims, such as mortgages, easements, or unpaid taxes, exist against the property. The presence of a clear title is typically a prerequisite for real estate transactions and mortgage approvals.
| Identifier | MLC-T-LAW-001017 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001017",
"term": "Clear title",
"field": "Law",
"definition": "Ownership of real property that is free from any liens, encumbrances, or defects that could impair its transferability or value. A title search is conducted to verify that no outstanding claims, such as mortgages, easements, or unpaid taxes, exist against the property. The presence of a clear title is typically a prerequisite for real estate transactions and mortgage approvals.",
"url": "https://mlchart.com/terminology/law/clear-title/"
}
Record 843 of 5,441 in Law terminology (MLC-0107). Request the full dataset.