(cloud) n. an actual or apparent outstanding claim on the title to real property. "Clouds" can include an old mortgage or deed of trust with no recording showing the secured debt was paid off, a failure to properly transfer all interests in the real property (such as mineral rights) to a former owner, a previous deed which was im...
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http://dictionary.law.com/Default.xhtml?selected=220
The term cloud on title refers to any irregularity in the chain of title of property (usually real property) that would give a reasonable person pause before accepting a conveyance of title. A cloud on title reduces the value and marketability of property because any prospective buyer aware of the cloud will know that they are buying the risk the ...
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http://en.wikipedia.org/wiki/Cloud_on_title
(Cloud) It refers to any form of claim which has been outstanding or any other obstacle like unclear deed of the property, debts not yet paid off or if paid, not yet recorded, legal issues not yet solved and such forms. Such clouds or uncertainties over the property does not allow a free transfer or sale of property in inter...
Found on
http://www.encyclo.co.uk/local/21213
Any conditions found during the title search that adversely affect the title to real estate. Clouds on title usually cannot be removed except by a quitclaim deed or court action.
Found on
http://www.encyclo.co.uk/local/21398
Applies to derivative products. Buy or sell transaction that eliminates an existing position (sellin
Found on
http://www.encyclo.co.uk/local/22402
A claim or dispute about the ownership of or an encumbrance on property. For example, a tax lien on a piece of real estate or a possible claim by the heir of a former owner might create a cloud on the title. Or a past mortgage might have been paid off, but the property documents were never recorded (filed in the public land records). These kinds of...
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http://www.nolo.com/dictionary/cloud-on-title-term.html
Any conditions revealed by a title search that adversely affect the title to real estate. Usually clouds on title cannot be removed except by a quitclaim deed, release, or court action.
Found on
https://www.encyclo.co.uk/local/21405
No exact match found.
