If you purchased an owner's title insurance policy and now you find the deed that conveyed the property to you was fraudulent you should make a claim against the title insurance AND against the malpractice insurance of the attorney who represented you when you purchased the property. Someone didn't do their job.
My texas cash out loan did not close according to the texas constitution can i make a claim against my title company
Contact the company and call the police. Fraud is an felony.
With a quit claim and the agreement of your mortgage company, you can transfer your home title to anyone. However, if you are carrying the mortgage, there needs to be lien on the title until the loan is paid in full.
Title insurance is protection that ensures that you are the proper owner of the property and that if someone comes forward with a valid claim to a portion of your property, the title insurance company may have to pay that person the value of the claim. In buying real estate you have to make sure that the seller truly owns the property in full with no defects in title. The title insurance company reviews the land records to make sure of this. If the company states that the owner is the full owner, it backs its opinion with title insurance. Some title defects might not be covered though, but the lawyer helping the buyer will make sure that it is safe to buy the property.
Not Fraud, but Grand Theft Auto. The car is the property of the Finance Company, until the loan has been paid off. Then, and only then is the title to the car passed to you.
Do a title search. you can do this with a title search company or if you have time search public records down at city hall yourself
I would contact a local title insurance company & get a title search or whatever it is called in your area to make sure the info that you have is accurate. If it is, request a copy of the Grant Deed, Quit Claim Deed, Warranty Deed or what ever was used to transfer title, then contact the lender. If title was in your name, then you are the only one legally, besides a court or Trustee that could cause the transfer. If there was fraud, contact the authorities immediately. But 1st make sure you have accurate info.
A clear title indicates that no other person or other entity has any claim on the property or interest in the property and you are the absolute owner.
Why would they NOT be able to repo a car they purchased the title to? READ your contract.
The loan application would include a section where prior liens must be disclosed. It would be fraud if the borrower did not disclose the prior lien.
You have the title company write up a "quit-claim deed" for the property. You need to sign it and then the person you want off the loan has to sign it (but they MUST have it notarized), then it can be mailed back to the title company for completion.
Claiming to be something that you're not (i.e. President or Prime Minister) is (i) a lie and (ii) fraud, if you're doing it to obtain money or some other benefit.