defective title — ➔ title * * * defective title UK US noun [C or U] LAW, PROPERTY ► a situation in which legal documents are not available to prove the ownership of something: »Adjudication may result in a decision by a court to implement a defective title to land … Financial and business terms
Defective Title — A piece of property or asset that has a publicly recorded encumbrance, such as a lien, mortgage or judgment. Because other parties can lay claim to the property or asset, the title cannot be legally transferred to another party. For example, a… … Investment dictionary
defective title to instrument — The title of a person negotiating a negotiable instrument is defective when he obtained the instrument, or any signature thereto, by fraud, duress, force, fear, or for other unlawful means, or for an illegal consideration, or when he negotiates… … Ballentine's law dictionary
defective title to real estate — A title which is not marketable. See marketable title … Ballentine's law dictionary
defective — I adjective amiss, awry, below par, below standards, beneath standards, blemished, broken, bruised, crippled, damaged, deficient, deformed, distorted, falling short, faultful, faulty, flawed, impaired, imperfect, imperfectus, inadequate,… … Law dictionary
title — ti‧tle [ˈtaɪtl] noun 1. [countable] HUMAN RESOURCES JOBS a name that describes a person s job or position: • What is your job title? • Her official title is Human Resources Manager. 2. [countable] a par … Financial and business terms
title — ti·tle n [Anglo French, inscription, legal right, from Old French, from Latin titulum inscription, chapter heading, part of the law that sanctions an action] 1 a: the means or right by which one owns or possesses property; broadly: the quality of … Law dictionary
title insurance — n: insurance that compensates for loss from title defects or encumbrances (as liens) that were unknown but should have been discovered at the time the policy was issued Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. title insurance … Law dictionary
defective — Lacking in some particular which is essential to the completeness, legal sufficiency, or security of the object spoken of; as a defective service of process or return of service. A product is defective if it is not fit for the ordinary purposes… … Black's law dictionary
defective — Lacking in some particular which is essential to the completeness, legal sufficiency, or security of the object spoken of; as a defective service of process or return of service. A product is defective if it is not fit for the ordinary purposes… … Black's law dictionary
