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Title clearance is the process of resolving any issues with the title to a property before it can be sold or transferred. This may include resolving liens, outstanding debts, or disputes over ownership.
The time it takes to get a title insurance policy can vary depending on the complexity of the property's title history. In some cases, it can be obtained in as little as a day, while in others it may take several weeks or more.
A title defect is any issue that affects the ownership or transfer of a property. This may include errors in public records, outstanding liens or debts, or disputes over ownership.
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