Definition
Absolute Title
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An absolute title refers to a title to property that is clear, without any judgments against it, charges or liens on it.
In essence it would be a clear title (fee simple) without any compering against it, even from the tax authorities.
Lenders in general would only approve a mortgage for a house if the borrower has absolute title on it.
Either that, or potential claimants have to agree to a waiver of their claims in writing.
This is because should the need to foreclose the house arise, there would be no legal challenges to prevent the lender from doing so.
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