Last Updated:
January 18, 2024

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nicolasbegley

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Total Articles : 2

Can a Title Company Remove a Lien?

Can a Title Company Remove a Lien? One’s legal claim, called a lien, must be held and secured by one creditor in order to remove it. Consequently, the title company is accountable for ensuring all liens are collected and released during closing to ensure that potential problems with payments or property transfers later on could be avoided. Additionally, a comprehensive title search also needs to verify whether some other claims exist which may give both buyers and sellers understanding of what financial obligations may potentially remain before finalizing their transaction. To conclude, having an comprehension of who can remove a lien when purchasing land is necessary–and utilising the services provided by way of a trustworthy title company can help ensure everything runs smoothly without costly delays or unexpected consequences further down the road. Types of Liens and Their Effects on Real Estate Transactions When a lien is attached to real estate, it puts the property owner in an uncomfortable position. Liens have tremendous implications that can affect one’s ability to buy or sell a property, so it’s essential for anyone associated with any kind of real-estate transaction to understand and recognize all the several types of liens and their effects. […] read more
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Can You Turn Off Utilities on a Squatter?

Can You Turn Off Utilities on a Squatter? You can end up wondering when it is possible to switch off utilities on a squatter. The answer typically is dependent upon the applicable state and local laws, in most situations, it’s yes. Before turning off the utility services from occupants who do not hold legal rights, an eviction must be initiated as certain court orders are expected for such action. It should also be taken into account that cutting someone’s power or water supply without prior authorization could result in severe financial and/or criminal penalties so all necessary regulations must certanly be observed when moving forward with this specific decision. Key Elements of Adverse Possession and Squatter’s Rights Key components of adverse possession and squatter’s rights could be complex. However, when it comes to the legalities surrounding a dispute about who owns certain property, there are several points you need to retain in mind. Broadly speaking for title transfer through Adverse Possession – squatters must possess the land openly and without permission from its true owner for at least ten years. When considering Squatters Rights – should they live on or have actively maintained another person’s property long enough that their […] read more
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