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  2. Clear title - Wikipedia

    en.wikipedia.org/wiki/Clear_title

    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 ...

  3. What is a clear title? How to check if a property has one - AOL

    www.aol.com/finance/clear-title-check-property...

    To get a mortgage, lenders require a thorough title search of local property records to ensure the title is clear. How to check for clear title on property. As a homebuyer or seller, you can visit ...

  4. Quitclaim - Wikipedia

    en.wikipedia.org/wiki/Quitclaim

    A quitclaim deed may also be used to transfer title of a property to a purchaser following a foreclosure auction. Typically such a deed will not warrant that the property title is free and clear, and it remains up to the grantee to check that the property is not subject to any legal encumbrances. [11]

  5. Grant deed - Wikipedia

    en.wikipedia.org/wiki/Grant_deed

    This assures grantee there are no legal claims to the property by third parties, and no taxes are owed on the property that would restrict its sale. Some jurisdictions use the warranty deed to transfer real property instead of the grant deed. The warranty deed adds the additional guarantee that the grantor will defend the title against any ...

  6. What is a title search on property? - AOL

    www.aol.com/finance/title-search-property...

    A clear title is important for any ... or as far back as needed to identify the root deed and review each subsequent transfer of the property,” says Stitgen. ... A property’s title is the term ...

  7. Title search - Wikipedia

    en.wikipedia.org/wiki/Title_search

    The objective of the title search is to establish clear, marketable title by exposing any outstanding claims prior to the transfer of title. The process of resolving any issues on the title is known as "clearing the title." [2] Each recorded document must name the parties involved, e.g., grantor and grantee.

  8. California DMV puts 42 million car titles on blockchain to ...

    www.aol.com/news/california-dmv-puts-42-million...

    California's Department of Motor Vehicles (DMV) has digitized 42 million car titles using blockchain technology in a bid to detect fraud and smoothen the title transfer process, the agency's ...

  9. Deed in lieu of foreclosure - Wikipedia

    en.wikipedia.org/wiki/Deed_in_lieu_of_foreclosure

    A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.

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