Clear Title

(redirected from Clean Title)
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Clear Title

Unencumbered or unrestricted legal ownership that is free from doubt as to its validity.

The phrase implies that ownership is not subject to claims by anyone but the person holding title. It is also called marketable title, or title that can be easily transferred or sold because of its lack of encumbrances.

clear title

n. holding ownership of real property without any claims by others on the owner's title and no history of past claims which might affect the ownership. (See: cloud on title)

References in periodicals archive ?
Copart, founded in 1982, provides vehicle sellers with a full range of remarketing services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and end users.
The criteria includes that the vehicle must be less than five years old, with less than 80,000 km on the odometer, have a clean title and pass a comprehensive 145 point inspection.
A recent seminar entitled "How to Guarantee Clean Title," which was led by Louis H.
We want to make sure we get a clean title and there is no burden placed on the town.
The most important thing is to check that the mileage is genuine (which may be hard or impossible), and that the seller has clean title.
Individuals who purchase and receive Carfax reports that confirm a clean title history automatically receive the Clean Title History Guarantee worth 10% of the value of their vehicle up to $1,000.
Organized criminals are known to seek salvage cars to match up with stolen cars so they can swap VIN numbers in order to re-establish clean title.
But don't worry - as long as the V5 registration document shows you as the registered keeper, you retain clean title and the mark will be re-issued to your replacement car.
Sales agreements are on an "as-is, where-is" bases subject only to warranty of clean title.
But if the issue isn't resolved quickly, Jim might have problems when he comes to sell, so I'd press the finance company for written confirmation of clean title.
Insurance companies have a powerful economic incentive to oppose more aggressive title laws or to underreport under existing laws," noting the market-based premium for a clean title at salvage auction.