Banking Dictionary:
Absolute Title
Clean title, free of liens or attachments, replacing all previous titles. Accepted as the sole document of title, it is defensible against claims by third parties.
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Real Estate Dictionary:
Absolute Title
A title that is clear, without any liens or judgments. See Clear Title.
Example: Generally, absolute title is needed before a first mortgage will be granted.
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Copyrights:
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 | Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
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| Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved. Read more |
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