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Updated about 6 years ago,
Title insurance yes or no
[True story]
Husband (A) and Wife (B) own a property as tenants by the entirety. A dies in the 1950s. Shortly thereafter, B conveys the property to herself as life tenant with full powers, remainder to sons (C, D) as joint tenants. B dies 10 years later. 35 years later D conveys the property to himself as life tenant with full powers, remainder to 2 siblings (E, F) as tenants in common. 10 years later, upon D's death, 50% of the property is conveyed 50% to E and 50% to 3 children identified in F's will (F having predeceased D). 10 years later, the heirs of E and the heirs of F convey the property 100% to G... a third party purchaser for value. G is now selling to you.
Q: Title insurance, yes or no?
Why?
- Tom Gimer
Eastern Title & Settlement
9 Reviews
4.9 stars