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Question for the Legal Experts
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Catphish Tilly
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Question for the Legal Experts
Serious question for those with estate law/mortgage law knowledge, not named WT:

If one purchases property (complete with title insurance) and then finds out, after the fact, that there are other parties who in fact had legal deeded interest on the property besides just the original seller but who were not disclosed/discovered by the title researcher prior to that initial sale and closing (and who in all likelihood have no idea of their part-interest)... where does that leave the buyer?

Would this have been the title company's responsibility or the attorney? Is this a situation covered by the purchaser's title insurance? Is the mortgage company liable? How does one resolve the issue?

And um, I'm asking for a friend...

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Snaggletiger
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Re: Question for the Legal Experts
There is an expert on this very topic within our midst.  Wes4AU
Surely not everybody was Kung Fu fighting.


Kaos
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Re: Question for the Legal Experts
Serious question for those with estate law/mortgage law knowledge, not named WT:

If one purchases property (complete with title insurance) and then finds out, after the fact, that there are other parties who in fact had legal deeded interest on the property besides just the original seller but who were not disclosed/discovered by the title researcher prior to that initial sale and closing (and who in all likelihood have no idea of their part-interest)... where does that leave the buyer?

Would this have been the title company's responsibility or the attorney? Is this a situation covered by the purchaser's title insurance? Is the mortgage company liable? How does one resolve the issue?

And um, I'm asking for a friend...

I started to answer this, but realized I don't know enough of shoot about it to give you any reasonable advice.
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WiregrassTiger
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Re: Question for the Legal Experts
You know what, I have the answer but I refuse to give it. See if I ever give you advice anymore buddy. And I mean it.

I'm probably not going to at all. I wasn't even going to put a comment in your thread, since you put that smart remark in there about excluding WT and all. But I decided to.

And seriously, I may not give you any advice anymore, since you don't seem to value my opinion. At least for a little while, anyway. I'm stepping back. And I'll let someone else answer your question.

I won't even get involved with the fact that you actually have "title insurance" which is a product specifically designed for such an occurrence or several situations that I'm aware of that are similar.

I'll just keep my suggestions to myself buddy. Here to fore and whatnot. I may not have an accredited law degree per se but I can assure you that I know much more about the law than any here that "claim" to be attorneys.

You don't need to be a weatherman to know which way the wind blows friend. And I can tell when I'm not wanted. That's fine.

I'll just step aside. Good luck.

You won't hear much more from me about it. Not for a while.

Hope it works out for you.

I'll just move along to another thread where I know that my input is valued. And there are several on here, mind you. I won't go into all that but there here.

That's all I'm saying bucko.
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JR4AU
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Re: Question for the Legal Experts
Serious question for those with estate law/mortgage law knowledge, not named WT:

If one purchases property (complete with title insurance) and then finds out, after the fact, that there are other parties who in fact had legal deeded interest on the property besides just the original seller but who were not disclosed/discovered by the title researcher prior to that initial sale and closing (and who in all likelihood have no idea of their part-interest)... where does that leave the buyer?

Would this have been the title company's responsibility or the attorney? Is this a situation covered by the purchaser's title insurance? Is the mortgage company liable? How does one resolve the issue?

And um, I'm asking for a friend...

If you get hit by 18 Wheeler call snags.  Get a DUI or need Divorce I can help.  Property law?  I know the Rule in Shelly's case and the rule against perpetuities which is only helpful on law school exams and the bar.


Catphish Tilly
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Re: Question for the Legal Experts
If you get hit by 18 Wheeler call snags.  Get a DUI or need Divorce I can help.  Property law?  I know the Rule in Shelly's case and the rule against perpetuities which is only helpful on law school exams and the bar.

While not exactly the answer I'd hoped for, this is actually useful knowledge unto itself. Though I do pray I never need to recall it.


WiregrassTiger
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Re: Question for the Legal Experts
While not exactly the answer I'd hoped for, this is actually useful knowledge unto itself. Though I do pray I never need to recall it.
Actually, if you get hit by an 18 wheeler you'd better call da amberlamps before you call Snags. Snags ain't doing shoot if you got blood and stuff all over you but handing you a neck brace and a business card.

Did you find anything in my earlier post useful? I don't mean to say I told you so but obviously I know quite a bit about the law. Sorry if I came across crass.
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Snaggletiger
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Re: Question for the Legal Experts
Actually, if you get hit by an 18 wheeler you'd better call da amberlamps before you call Snags. Snags ain't doing shoot if you got blood and stuff all over you but handing you a neck brace and a business card.

Did you find anything in my earlier post useful? I don't mean to say I told you so but obviously I know quite a bit about the law. Sorry if I came across crass.

No, you call me first.  I'll call da amberlamps for you.  We need to get that trucking company information as soon as possible.


Call me.  I AM your attorney!
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Buzz Killington
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Re: Question for the Legal Experts
No, you call me first.  I'll call da amberlamps for you.  We need to get that trucking company information as soon as possible.


Call me.  I AM your attorney!

Now I may be an idiot, but there is one thing I am not, sir, and that, sir, is an idiot.


dallaswareagle
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Re: Question for the Legal Experts
Call the Texas hammer.

   
A veteran is someone who, at one point in his life, wrote a blank check made payable to 'The United States of America ' for an amount of 'up to and including my life.' That is Honor, and there are way too many people in this country who no longer understand it.'


Catphish Tilly
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Re: Question for the Legal Experts
Did you find anything in my earlier post useful? I don't mean to say I told you so but obviously I know quite a bit about the law. Sorry if I came across crass.

It would be simpler to list the things from the posts of WT that aren't found useful. Sometimes I forget I'm reading the words of a modern man and not from the wisdom of a Pauline Epistle.


Buzz Killington
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Re: Question for the Legal Experts
I find it hard to believe that these guys are really named Hammer.
Now I may be an idiot, but there is one thing I am not, sir, and that, sir, is an idiot.


Snaggletiger
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Re: Question for the Legal Experts
I find it hard to believe that these guys are really named Hammer.

Think about me.  I was this close!!!
Surely not everybody was Kung Fu fighting.


DnATL
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Re: Question for the Legal Experts
Actually, if you get hit by an 18 wheeler you'd better call da amberlamps before you call Snags. Snags ain't doing shoot if you got blood and stuff all over you but handing you a neck brace and a business card.

Did you find anything in my earlier post useful? I don't mean to say I told you so but obviously I know quite a bit about the law. Sorry if I came across crass.
Call the amberlamps first, then no needs to call Snags - he'll be chasing right behind it


dallaswareagle
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Re: Question for the Legal Experts
I find it hard to believe that these guys are really named Hammer.


I always thought the 'Texas" hammer commercial would be much more entertaining if he was wearing hammer pants and at the end of the commercial he hammered shuffled and said" you can't touch this"
A veteran is someone who, at one point in his life, wrote a blank check made payable to 'The United States of America ' for an amount of 'up to and including my life.' That is Honor, and there are way too many people in this country who no longer understand it.'


chinook
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Re: Question for the Legal Experts

I always thought the 'Texas" hammer commercial would be much more entertaining if he was wearing hammer pants and at the end of the commercial he hammered shuffled and said" you can't touch this"

that's a terrible idea. 


JR4AU
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Re: Question for the Legal Experts
I didn't mean to forget to pimp Taylor and VV for Tax issues as well.  Wes done got his props here. 


chinook
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Re: Question for the Legal Experts
I didn't mean to forget to pimp Taylor and VV for Tax issues as well.  Wes done got his props here.

don't forget...sweets. well, if you need legal advice on hanging drywall.


dallaswareagle
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Re: Question for the Legal Experts
that's a terrible idea.


Well, your opinion means so much to me.
A veteran is someone who, at one point in his life, wrote a blank check made payable to 'The United States of America ' for an amount of 'up to and including my life.' That is Honor, and there are way too many people in this country who no longer understand it.'


JR4AU
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Re: Question for the Legal Experts
don't forget...sweets. well, if you need legal advice on hanging drywall.

Damn all the fudgeing la...wait wha?  I thought she was the landscape lawyer.