What type of title is free from liens and judgments?

A clear title is one that is free from all liens, judgments, and any other claims that could undermine the owner's rights to the property. This type of title ensures that the property is not encumbered and the owner has the full right to use, sell, or mortgage the property without any legal complications arising from previous owners or creditors.

In real estate transactions, having a clear title is essential because it provides peace of mind to both sellers and buyers. Buyers are more likely to proceed with a transaction if they can verify that the title is clear, which avoids potential disputes or losses pertaining to past debts associated with the property.

The other options, while related to property titles, do not specifically denote a title that is entirely free of encumbrances. For example, a marketable title might be subject to certain exceptions that do not affect the value or use of the property but are still present. An abstract title typically refers to a summary of the title history rather than the status of the title itself. Title of ownership, on the other hand, doesn't inherently guarantee the absence of liens or judgments. Thus, the assurance of having a clear title is what sets it apart as the correct answer in this context.