A guide to common title complications in inherited property situations.
Title issues are problems with the legal ownership history of a property. They can prevent a clean transfer of ownership and must be resolved before a property can be sold.
Title companies typically will not insure a title with known defects. This means buyers cannot get financing and sellers cannot complete a transaction until issues are resolved.
Title issues often require legal assistance to resolve. An attorney who specializes in real property can identify issues and recommend curative measures. A title company can also provide guidance on what is needed to clear a title for transfer.
RREX can help you understand the process and identify appropriate professionals.
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