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Repossession, commonly referred to as repo, is a "self-help" type of action in which the party having the right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings. The property may then be sold by either the financial institution or third party sellers. [1]
In real estate business and law, a title search or property title search is the process of examining public records and retrieving documents on the history of a piece of real property to determine and confirm property's legal ownership, and find out what claims or liens are on the property. [1] A title search is also performed when an owner ...
At unclaimedproperty.michigan.gov, you can find a search database that searches by the name of a company or the last name of an individual to see if the business or individual has any "unclaimed ...
One approach to conducting a full grantor/grantee title search starts by searching the grantor index in the County records and determining the name of the first recorded owner of title. This is usually the sovereign, which is the federal government or the Crown of the nation which owned a former colony now located within the United States.
The Michigan Supreme Court said Monday that its 2020 decision stopping local governments from keeping cash windfalls from the sale of foreclosed homes can be applied retroactively, meaning that ...
To qualify for a reverse mortgage, your home must be a property type that meets all FHA property standards and flood requirements, including: Single-family home 2- to 4-unit home with one unit ...
The general rule attaching to the three types of property may be summarized as: A finder of property acquires no rights in mislaid property, is entitled to possession of lost property against everyone except the true owner, and is entitled to keep abandoned property. [1] This rule varies by jurisdiction. [2]
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