Definition - What does Absolute Title mean?
Absolute title refers to a title of property which is exclusive to an entity (a person or a business). An absolute title is totally free from all kinds of attachments and liens. It also overwrites all previous titles associated with a piece of real estate.
Justipedia explains Absolute Title
Absolute title is also known as a perfect title. To acquire an absolute title, the owner should be a registered landlord under a registered system. Acquisition of absolute title usually takes place after a title search,which reveals the complete history of a title including any outstanding liens.
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