Tag: Clear Title

  • Real Property Basics: What Is a Clear Title?

    Real Property Basics: What Is a Clear Title?

    A clear title. The term is commonly used to mean the deed holder can prove ownership, unquestionably. To verify that, a title company can conduct a title search. Other parties’ claims on the title are called title defects, or clouds on title. What do these claims look like? They might be mortgage liens, court judgments,…

  • Using a Quitclaim Deed: What Are the Drawbacks?

    Using a Quitclaim Deed: What Are the Drawbacks?

    A quitclaim deed is a simple form that transfers a piece of real estate from one person to another. Any homeowner can fill out a quitclaim deed with their name and the name of the recipient, and the property’s existing legal description, sign it in front of a notary and record the document. That effectively…