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two people deeded same property
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iseedit
Posted 9/17/2020 06:05 (#8500117 - in reply to #8499872)
Subject: RE: Tittle Insurance . . . worthless paper



central - east central Minnesota -

ncil - 9/16/2020 21:56 This is exactly why they sell title insurance, hope you have it or someone else has it Good Luck 

You do know, Tittle Insurance can exempt items it sees as a risk to their peril. If there's something screwy with a property, the insurance writer can exempt that item(s), if they can't get it figured out easily (believe me, underwriters don't like to spend their money fixing old deeds/conveyances/abstracts).

I'd much rather spend the money for an good experience property law attorney to actually fix/clean up a abstract/deed then pay for worthless tittle insurance paper with a bunch of exemptions that do nothing to fix the abstract/deed.  Reason tittle insurance gets away with out properly correcting a abstract/deed - generally all parties from way back when, are dead or too hard to find and chances are just about zero, that those will come back to contest the abstract/deed transfer or issue or make a claim to the abstract/deed.

Tittle insurance is worthless paper trash . . . . . .



Edited by iseedit 9/17/2020 06:08
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