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There are 7 entries in the definition.
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Term Definition
Certificate of TitleIn areas where attorneys examine abstracts or chains of title, a written opinion, executed by the examining attorney, stating that title is vested as stated in the abstract
 
ChainIn real estate measurements (surveying), a chain is 66 feet long or 100 links, each link being 7.92 inches. The measurement may change when used in fields other than surveying.
 
Chain of TitleThe successive ownerships or transfers in the history of title to a tract of land.
 
ClaimAn adverse right or interest asserted by one party against another or against an insurer or indemnitor. Claims may arise from unpaid debts or taxes, as well as from hidden title defects such as fraud, forgery, missing heirs, etc.
 
Clear TitleReal property ownership free of liens, especially voluntary liens such as mortgages.
 
ClosingAlso known as "escrow" or "settlement." The process of executing legally binding documents, such as deeds and mortgages most commonly associated with the purchase of real estate and the borrowing of money to assist in the purchase.
 
Closing CostsThe numerous expenses which buyers and sellers normally incur to complete a transaction in the transfer of ownership of real estate. These costs are in addition to price of the property and are items prepaid at the closing day. This is a typical list:
 


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