When you add a title clip, it actually exists on top of your footage. If you don't like the way it turned out, you can easily change its properties, or get rid of it altogether.
To modify an existing title:
Select the title clip.
Make any changes you wish in the Titles pane.
Click the Update button to apply your changes (Figure 12.21).
Figure 12.21. The Update button becomes active if you select a clip with a title applied. Change its settings and click Update to re-render the clip.
To remove a title:
Select the offending title clip.
Press the Delete key. You can also drag the clip to the Trash if you're in the Clip Viewer. Or, you can choose Cut or Clear from the Edit menu.