title defect

title defect
A problem with the chain of title to a parcel of real property that exposes the putative owner of the property to a potential legal dispute over the ownership of the property.

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  • defect — de·fect / dē ˌfekt, di fekt/ n: something or a lack of something that results in incompleteness, inadequacy, or imperfection: as a: a flaw in something (as a product) esp. that creates an unreasonable risk of harm in its normal use see also… …   Law dictionary

  • Title 18 of the United States Code — is the criminal and penal code of the federal government of the United States. It deals with federal crimes and criminal procedure.Part I Crimes*usctc|18|1|pipe=Chapter 1: General Provisions:This chapter consists of General Provisions. §1 is… …   Wikipedia

  • title — ti·tle n [Anglo French, inscription, legal right, from Old French, from Latin titulum inscription, chapter heading, part of the law that sanctions an action] 1 a: the means or right by which one owns or possesses property; broadly: the quality of …   Law dictionary

  • Defect — Defect, defects, or defected may refer to: Geometry and physical sciences Defect (geometry), a characteristic of a polyhedron Topological defect Isoperimetric defect Crystallographic defect, a structural imperfection in a crystal Biology and… …   Wikipedia

  • Title insurance in the United States — is indemnity insurance against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage liens. Title insurance is principally a product developed and sold in the United States as a result of… …   Wikipedia

  • title — A mark, style, or designation; a distinctive appellation; the name by which anything is known. Thus, in the law of persons, a title is an appellation of dignity or distinction, a name denoting the social rank of the person bearing it; as duke or… …   Black's law dictionary

  • title insurance — A contract whereby the insurer for a valuable consideration agrees to indemnify the insured in a specified amount against loss through defect of title to real estate wherein the latter has an interest either as purchaser or otherwise. Fochrenbach …   Ballentine's law dictionary

  • title — Cloud Cloud (kloud), n. [Prob. fr. AS. cl[=u]d a rock or hillock, the application arising from the frequent resemblance of clouds to rocks or hillocks in the sky or air.] 1. A collection of visible vapor, or watery particles, suspended in the… …   The Collaborative International Dictionary of English

  • Defect Of Record — A public record outlining any encumbrance on a piece of property, such as a lien, mortgage or easement. An encumbrance refers to a claim or restriction on a certain property that can prevent the transfer of the title. Because the defect of record …   Investment dictionary

  • title insurance — noun : insurance against loss due to an unknown defect in a title or interest in real estate * * * insurance protecting the owner or mortgagee of real estate from lawsuits or claims arising from a defective title …   Useful english dictionary

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