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Not so. First American, one of the largest title insurers in the U.S., maintains a list of some 70 possible defects, including: A forged deed. An undisclosed divorce. Undisclosed tax liens. A ...
"So, for you to get title back to that property, they would have to either grant you a deed, restoring your property or you have to go to court and have the court make an order saying you are the ...
In the case of wildfires, hurricanes, floods or other catastrophic events, property destruction doesn’t automatically erase the obligation to pay property taxes, but relief measures are usually ...
Before an address can be certified as deliverable (CASS-certified), it must first be standardized. Standardization converts an address into a standard format by correcting the address, if possible, and adding missing information, such as a ZIP code, to produce a complete address containing a street address, city, state, and ZIP code.
A cloud on title may reduce the value and marketability of property because any prospective buyer aware of the cloud will know that they are buying the risk the grantor may not be able to convey good title. Often, the discovery of a cloud on title will provide the grantee a reason to back out of a contract for the sale of real property.
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.
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Once a home is foreclosed on by the governing body (city or county) due to back-owed taxes, the city or county obtains a tax deed on the home. Tax deeds are then sold at auction in an effort to ...