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Canadian Financial, Real Estate and Mortgage Glossary

How often this word is used
50% - Moderately

Insurable Title

Synonyms:insurable property title
Filed Under: insurance, real-estate
Tags: insurance, realty

Definition of insurable title

insurable title
1. A title that a title insurance company is willing to insure.

Related Terms and Acronyms:

  • clear title   Title not burdened by liens or legal questions.
  • encroachment   An improvement, such as a fence, that illegally extends onto another property or impedes the neighbour's use of that property.
  • lien   A legal hold or claim of a creditor on the property of another.
  • title   Evidence of a person's right to possession ownership of a property.
  • title defect   A legal claim by others to property, or the right to make demands upon an owner.
  • title insurance   Insurance that covers title defects and ownership challenges on a property.

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