Kind of titles for immovable property
varma
(Querist) 09 December 2011
This query is : Resolved
Can anybody tell difference b/w Titles regarding to immovable properties.
1)Perfect Title. 2)clear & marketable Title. 3)Absolute Title.
4)Exclusive Title
Among 4 generally to get loans from banks,which will be preferred by bank
ajay sethi
(Expert) 09 December 2011
bank will be satisfied with clear and marketable title to rpoperty free from all encumberances .
clear and marketable title - Ownership and possession of real property that is readily transferable since it is free from valid claims by outside parties
prabhakar singh
(Expert) 10 December 2011
All four names are synonymous and are matter of nomenclature only.