Clear up title in DBK

Easily clear up title in DBK to work with documents in various formats

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How to clear up title in DBK

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hi guys this is erica from gokuche capital now before i begin be sure to subscribe to our youtube channel and turn on notifications consider this scenario say youamp;#39;re looking to buy a property your seller informs you that she inherited the property from her father who passed away a few years ago without leaving a will she has two brothers but she claims she is the heir to the property because she has been paying property taxes for the past couple years when you speak to your title company they tell you that they will not insure the property because it is not clear that your seller is the sole owner given that there is no will and probate was not done this is a clear example of when quiet title would be needed curious how this case turned out stick with me through the end because iamp;#39;ll let you know the conclusion after i have covered the top six things you should know about quiet title now quiet title is a lawsuit itamp;#39;s an action lawsuit or legal proceeding that cla

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What does in clear title mean?

A clear title, also known as a clean title, is a property title that is free from liens or additional issues that could jeopardize ownership, such as boundary disputes (encroachments) or easements. With a clear title, theres no doubt who the owner of the property is, or who can claim legal ownership of the property.

Why is a clear title important?

A clear title helps to show whether there are any outstanding financial responsibilities attached to the property and is necessary to demonstrate that an owner has the right to sell the property. The sale of a property can be disputed if legal ownership is not represented through a clear title.

What does subject to clear title mean?

Clear title is the phrase used to state that the owner of real property owns it free and clear of encumbrances. In a more limited sense, it is used to state that, although the owner does not own clear title, it is nevertheless within the power of the owner to convey clear title.

What is the difference between a clear and clean title?

The primary concern with a clear title revolves around ensuring the vehicles history is devoid of legal or financial complications. On the other hand, a clean title typically does not focus on a vehicles legal and financial aspects. Instead, a clean title primarily concerns the vehicles physical condition.

What does it mean to take title subject to a mortgage?

A subject to mortgage will have the buyer take control of the property and make payments to the seller, who will then pay off the mortgage in their own name. A good subject to mortgage clause should be viewed by a real estate attorney before any decisions are made.

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