What is Title Clear Property?

A title clear meaning is a title without any type of lien or levy from creditors or other parties that would pose a question as to legal ownership. For example, an owner of a home with a clear title is the sole undisputed owner, and no other party can make any kind of legal claim to its ownership. Let’s learn more below.

What Does Clear Title Mean in Real Estate?

As I mentioned above, it is a property title that proves ownership without the presence of any disputes or liens. In India, title deeds of the lands are documents used in real estate. 

• The title deeds of an immovable asset convey a person’s ownership over such an asset to the public. It helps buyers verify whether the seller of the property is the owner and has the right to sell it. 

• The title deeds must be complete and provide all necessary information about the property to be purchased for a smooth sale transaction. 

• A title deed is a formal document defining how the property is inherited, owned, transferred or allotted by an authority. It includes information about how much land a person owns or the rights of a person over land. 

• The land ownership rights of one person are transferred to another person through title deeds. 

The title deeds provide information about a property, such as the owner of the property, what rights or privileges the owner has, description and location of the property. The title deeds are usually registered and deposited with the Sub-Registrar Offices in India, where the property allotment/sale transaction occurs. I hope you got an idea of what does clear title mean on a house.

I am planning to purchase a property for investment purposes. Yesterday, my father told me to make sure the property has a clear title before buying it. I did not know what clear title properties are, so I asked him about them.

He told me that a clear title is the synonym of a marketable title, absolute title, or good title. When an individual either singly or jointly with other individuals, enjoys ownership rights to a specific property, either immovable or movable, then such individuals are said to have title to the said property.

In the case of immovable property, the property itself or title to the particular property may be contingent, conditional, restrictive, leasehold, or not marketable. A clear title means a title that is free of any litigation, charge, lien, or encumbrance and is easily transferable/marketable. Any litigation, condition, restriction, or creation of charge takes away the owner’s right to transfer the particular property and such title doesn’t remain a clear title or transferable/marketable title.

Now hou know about the clear title property meaning.

If you want to verify the property title, then let me tell you that it is easy to do it as most of the Indian states have digitised land records. Within a few clicks, you can access the details of a person owning property along with its transaction history. Most states have their own land record website where you can check the property details.

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This is all you need to know about the clear title properties.