Identification
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Definition
Clearing title refers to the process of resolving legal issues, claims, or encumbrances that could cloud the ownership status or legal rights associated with a particular property or piece of real estate. This process typically involves investigating and addressing any outstanding liens, disputes, or defects in the property's title to establish a clean and unambiguous ownership status. Clearing title is often necessary when buying or selling real estate to ensure that the buyer receives clear and marketable title to the property.
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Additional Information
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