Tenant shall be charged for all damage to Premises as a result of failure to report a problem in a timely manner.Tenant shall be charged for repair of drain blockages or stoppages, unless caused by defective plumbing parts or tree rootsinvading sewer lines."

Property has a defect in the chain of title, there are no liens or claims against it, just a miscorrect description of property address in a previous sale and title company is happy to insure.My question is, how much harder will it be for me to sell this property?

In my contract with the contractor, it says I have a one year warranty on any defected installations. 

A title examiner NY cannot start searching and examining title in Texas without significant training because each state and even each county has their own idiosyncrasies in recording and indexing which, if you don't know, can cause a defect in title to go unidentified.Title insurance is not required for the purchase of property though to my knowledge most lenders will not loan money without being insured under a title policy. 

What "latent defect" do you think is there that I need to disclose?

Agreed, unless you intentionally covered up a known defect, it’s all on them after settlement.

@Jay Paul Jenkins, because of peculiarities in Alabama tax sale law, and the large number of ways the tax sale might be void or someone might have extended redemption rights, or it might be recoverable for former owner of the short statute of limitations has expired, you will NOT be able to find a title company to insure title unless you've filed your quiet title lawsuit, obtained an order that is final and non-appealable, AND the title insurance company has reviewed the court file to make sure there were no jurisdictional defects that would void your quiet title order. 

I want to make sure that I'm not stepping into a defective transaction.

They can be found on Schedule B of the policy.If an Insured becomes aware of a potential defect in title that might be covered by the policy the Insured needs to immediately notify the underwriter, the company the policy issued on, not the agent that issued the policy.What many Insured don't understand, when a claim is made, the underwriter doesn't just write a check. 

To me, such a lien would fall under Covered risk 2: Any defect in or lien or encumbrance on the Title.And the responsibility for knowing what constitutes a lien -- even if unrecorded, such as taxes and assessments, water, etc. -- falls on the title company.