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Most Common Hidden Risks That Can Cause a Loss of Title or Create an Encumbrance on Property

By
Real Estate Agent with Long and Foster Webber and Associates,480 W Jubal Early Dr #100, Winchester, VA 22601

Here are a few of the most common hidden risks that can cause a loss of title or create an encumbrance on property:

  • Forged deeds, releases, or wills
  • Undisclosed or missing heirs
  • Liens for unpaid estate, inheritance, income or gift tax
  • False impersonation of the true owner
  • Confusion caused by similiar names
  • Signatures of minors or persons who are not mentally competent
  • Signatures of persons represented as single but who are acutally married
  • Errors in recording legal documents
  • Clerical errors in public records
  • Invalid documents executed under an expired power of attorney
  • Fraud
  • Invalid divorces
  • Unpaid child support lien
  • Unpaid taxes (local, state, federal)
  • Unrecorded easements (right of way)

Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Beth - Great info, and obviously why a title search needs to be performed once an offer is accepted.

Jan 10, 2015 10:45 AM