Before closing, clear up the title and you'll find that the lien has likely been satisfied.Most frequently, bail has been satisfied and, as a matter of industry practice, bondsmen do not go out of their way to release or reconvey the security instrument.

I am a member of a JaxREIA and ProREIA here and its been instrumental for getting educated and meeting people doing things in real estate.

Old days, it was acceptable to execute a quit claim deed as a default instrument and a warranty deed to be delivered upon final payment being made.

He is telling you that sometimes that event can cause problems related to the enforceability of the instruments.

I want to use REI as a more sound, base investment instrument, while hopefully being able to use the Forex market to realize higher risk:reward opportunities.

Paperwork wise, you would typically have a promissory note and a deed of trust, mortgage or whatever security instrument is used in your state.

We are looking for instruments attached to the real property, a 'settlement' is not an instrument.

In most cases, that will make a security out of the instrument.

I would do a search by instrument type (DEED), year to date (I did the search and got 14,713 results).

A party of interest in the property that was sold at tax sale may assign his or her right to claim excess proceeds only be a dated, written instrument that explicitly states that the right to claim to claim excess proceeds is being assigned, and only after each party to the proposed assignment has disclosed to each other party all facts relating to the value of the right that is being assigned.