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A warranty deed is a type of deed where the grantor (seller) guarantees that they hold clear title to a piece of real estate and has a right to sell it to the grantee (buyer), in contrast to a quitclaim deed, where the seller does not guarantee that they hold title to a piece of real estate.
In real estate, clear title and clean title are used interchangeably to refer to a home title that is free of liens or other issues. Yes, it’s possible to buy a home without clear title, but it ...
In real estate business and law, a title search or property title search is the process of examining public records and retrieving documents on the history of a piece of real property to determine and confirm property's legal ownership, and find out what claims or liens are on the property. [1] A title search is also performed when an owner ...
Marketable title (real estate) is a title that a court of equity considers to be so free from defect that it will legally force its acceptance by a buyer. Marketable title does not assume that absolute absence of defect, but rather a title that a prudent, educated buyer in the reasonable course of business would accept.
When seeking online information, many people turn to search engines like Google, Bing, Yahoo, or AOL Search. These search engines function as digital indexes, organizing available content by topic and sub-topic, much like an index in a book. Each search engine builds its index using distinct methods, typically beginning with an automated ...
Clear title is the phrase used to state that the owner of real property owns it free and clear of encumbrances. In a more limited sense, it is used to state that, although the owner does not own clear title, it is nevertheless within the power of the owner to convey clear title. For example, a property may be encumbered by a mortgage. This ...
Assessment costs are the costs associated in obtaining and processing information. [2] There is a long understanding in the academic community that when transaction costs are high a liability rule will help substitute for bargaining. [3] Judges, however, may have a difficult time in obtaining and processing information in order to assess damages.
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