What does not clear title mean?
If there are any outstanding taxes you owe on the property (including the mortgage), a clear title can be denied to the buyer. This is because the buyer would be taking over the property with an outstanding tax lien against it. Depending on the situation, this may allow the county to take the property back by sale or via a tax foreclosure.
What does no title mean?
If you are in the process of buying a property, you will need to clear the title. This means that the owner of the property will need to transfer clear title to you and provide proof of ownership. If any party (such as a mortgage holder, previous owner, or the city, county, state, or federal government) claims any kind of interest in the property, you will need to have the title cleared of any such claim. This will allow you to have full and clear title to the
What does no title mean in my ad?
If you have a car or boat advertisement and it says no title, that means the seller is not legally the owner. In some states, an individual can hold a car or boat title in trust for another person. If this is the case, the seller cannot legally transfer the title without the other party’s written permission. If the seller claims to be the owner of a car or boat advertised for sale, he or she is attempting to transfer the title to you without the other party’
What do not clear title mean in a resume?
If a title is no longer accurate, it can damage your credibility. When compiling a resume, don’t cut and paste from websites or LinkedIn profiles. Always double check the spelling and grammar of your resume before submitting. If you need to add a new title, make sure it’s listed on the previous one and that it’s been in that job for a year or more.
What does not clear my title mean?
If someone sues you over the property, a clear title is important. If the person claiming you have no legal title to the property, it can be very difficult to show that you do. That means you could potentially lose the property you thought you owned.
