When taking a lien on real estate, you should be wary of the concept of “slander of title.” Slander of title results when a false and malicious statement is made against a person’s title to real property. In some circumstances, a mortgage lien could be the subject of a slander of title lawsuit. (more…)
Posts Tagged ‘title insurance’
Slander of Title
Wednesday, May 5th, 2010Exceptions Are Everything
Monday, April 19th, 2010Items listed as exceptions to a title insurance commitment are placed in the last portion, or Schedule B-2, of the commitment. As such, the items are often ignored when reviewing your commitment. However, these exceptions can significantly alter the scope of your title insurance coverage. Without understanding the matters listed as exceptions, you cannot evaluate the title to your real estate. (more…)
An Ounce of Prevention
Monday, April 12th, 2010The purchase of a home is a significant financial and emotional investment. The process can be very time-consuming and stressful. An attorney’s role in this process is to examine legal issues and prevent future legal problems before they arise. (more…)
Exceptions to Title Coverage
Monday, March 15th, 2010Buyer and lender often require a title insurance commitment in connection with a real estate transaction. Many times, a buyer or lender will focus on the items listed on Schedule B-1 of the title insurance commitment, which lists the requirements that must be complied with prior to issuance of a title insurance policy. (more…)