Share on Facebook Share on Twitter Email
Answers.com

Bad Title

 

Title to property that does not clearly confer ownership. Most frequently applied to real estate, a bad title may prevent a homeowner from selling the property. Title may be clouded by unpaid taxes or other unsatisfied liens, a faulty or incomplete certificate of occupancy, an incorrect survey, or uncorrected building violations, among other causes. Steps must be taken to rectify these problems before title to a property can be legally transferred. Also called cloud on title.

Search unanswered questions...
Enter a question here...
Search: All sources Community Q&A Reference topics
Real Estate Dictionary: Bad Title
Top

A condition where complete real estate ownership is impaired by unsettled claims and liens and may prevent an owner from selling. See Cloud on Title.
Example: Causes of bad title include unpaid taxes, unpaid liens, incorrect survey, building code violations, and forged documents.

 
 

 

Copyrights:

Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more
Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more

 

Mentioned in