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A cloud on title is some defect in the owner's title to real property, resulting in their not owning a 100% interest free and clear of claims, that can arise from various circumstances including the following:
- An undischarged lien or mortgage.
- Missing interests in the back title that can occur when an estate is not probated or one of several heirs never signs a deed.
- A deed not signed by all the owners.
- An ambiguous deed.
- A substantial error in the description to the property.
- An unreleased life estate.
- An ancient tax taking.
- An unreleased right of first refusal to purchase the property.
- A divorce decree that provides that one party conveys their interest to the other for a certain consideration and proof of payment is not readily available on the deed or in the divorce file.
- An unrecorded deed in the Chain of Title.
What else can I help you with?
What does vest title mean?
Vest means to confer full title to real property. "Title" to real property means legal and absolute ownership. When a person dies owning real property their estate must be probated whether they die with a will or without a will. That is because title to real property, if not transferred by a deed from the owner, must be transferred by a court order. The court decree that allows the probate of an estate vests title to the real estate in the heirs. If the estate is never probated the heirs never gain legal ownership of the property and the result is a cloud on the title.
How do you sign over property left by mother to one sibling?
If the property includes real estate the estate must be probated in order for title to pass to the devisee.If the property includes real estate the estate must be probated in order for title to pass to the devisee.If the property includes real estate the estate must be probated in order for title to pass to the devisee.If the property includes real estate the estate must be probated in order for title to pass to the devisee.
Can you transfer real estate title insurance to a buyer?
Not sure but i think can't transfer real estate title insurance to buyer
Do you need to be an attorney to own a Real Estate Title company?
In order to own a real estate title company you do not have to be an attorney. It's often the case, however, that attorney's who work with real estate law provide title services.
Before buying a home, have the title examined by a real estate attorney.?
Before buying a home, have the title examined by a real estate attorney.
How do you protect yourself when buying land in Louisiana from a private owner?
You protect yourself in any real estate purchase by being represented by an attorney who specializes in real estate, by having the title to the land examined by a professional (this will be arranged by the attorney) and by purchasing title insurance.You protect yourself in any real estate purchase by being represented by an attorney who specializes in real estate, by having the title to the land examined by a professional (this will be arranged by the attorney) and by purchasing title insurance.You protect yourself in any real estate purchase by being represented by an attorney who specializes in real estate, by having the title to the land examined by a professional (this will be arranged by the attorney) and by purchasing title insurance.You protect yourself in any real estate purchase by being represented by an attorney who specializes in real estate, by having the title to the land examined by a professional (this will be arranged by the attorney) and by purchasing title insurance.
How should real estate be handled in an estate?
An estate that includes real estate must be probated in order for legal title to pass to the heirs, or for the estate representative to be able to transfer legal title. You should consult with an attorney who specializes in probate law.
What is a real estate title rep?
A real estate title rep is an agent for a title insurance company who deals with the law offices and title companies that sell title insurance policies. The person who examines the record title of a property is called a title examiner.
I bought a condo unit but it turned out that the unit was rewarded to the grandchildren of the owner and they are still minors. i paid for it but they can't transfer the title to me. what will i do?
Regardless of the real estate property that you purchased, if the 'reward'-of-the-property document was appropriately filed with the county real estate records of ownership, this cloud should have appeared in the title search.You may have success in obtaining the title if you hire an attorney to guide you through the process.
What services does Stewart title provide?
Stewart Title is a real estate service company which provides various services helpful in real estate transactions and business. Title insurance, underwriting, escrow and settlement services, and many other services critical to the real estate industry are provided by the Stewart Title Guaranty Company.
Both parents have died and left a will does the estate still have to go through probate?
If they left any property in their own names the estates must be probated in order for title to property such as bank accounts to be changed. An estate of real property must be probated in order for title to pass to the heirs legally.
How would the administrator of an estate get a clear title of the house?
I assume you mean how do they acquire title to the real estate in their own name.In order for legal title to real estate to pass to the heirs the estate must be probated. Generally, once the administrator or personal representative has been appointed by the court there are two ways to transfer title to the real estate legally. First, the administrator can request a license to sell the real estate by stating the amount of the offer and to whom it will be sold. If the heirs consent, the license will be granted without delay. On the other hand, the administrator can wait until the estate has been settled and closed then purchase the real estate from the heirs at law.I assume you mean how do they acquire title to the real estate in their own name.In order for legal title to real estate to pass to the heirs the estate must be probated. Generally, once the administrator or personal representative has been appointed by the court there are two ways to transfer title to the real estate legally. First, the administrator can request a license to sell the real estate by stating the amount of the offer and to whom it will be sold. If the heirs consent, the license will be granted without delay. On the other hand, the administrator can wait until the estate has been settled and closed then purchase the real estate from the heirs at law.I assume you mean how do they acquire title to the real estate in their own name.In order for legal title to real estate to pass to the heirs the estate must be probated. Generally, once the administrator or personal representative has been appointed by the court there are two ways to transfer title to the real estate legally. First, the administrator can request a license to sell the real estate by stating the amount of the offer and to whom it will be sold. If the heirs consent, the license will be granted without delay. On the other hand, the administrator can wait until the estate has been settled and closed then purchase the real estate from the heirs at law.I assume you mean how do they acquire title to the real estate in their own name.In order for legal title to real estate to pass to the heirs the estate must be probated. Generally, once the administrator or personal representative has been appointed by the court there are two ways to transfer title to the real estate legally. First, the administrator can request a license to sell the real estate by stating the amount of the offer and to whom it will be sold. If the heirs consent, the license will be granted without delay. On the other hand, the administrator can wait until the estate has been settled and closed then purchase the real estate from the heirs at law.
