Walter of Palear (or Palearia, also Gualtiero da Pagliaria; died 1229 or 1231) was the chancellor of the Kingdom of Sicily under Queen Constance and the Emperor Henry VI.
Walter put Palermo under the authority of his brother, Gentile, Count of Manoppello, while acting as guardian of Henry and Constance's son, the young king Frederick of Hohenstaufen.
He "was perhaps the most important man in the kingdom of Sicily during the early years of Frederick's minority".
Markward died at a town called Patti having succumbed to surgery for kidney stones.
Dipold wrested Frederick from Capparone in 1206 and gave him over to the guardianship of the chancellor.