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Issues with titles can become serious legal headaches

| Aug 9, 2016 | Real Estate Law |

When you own land or a home, you will obviously be very familiar with the term “title.” A title is a legal right of ownership for a particular piece of property. Title can be referred to in many different contexts, but you really only hear the terms used in relation to cars and real estate. Having a title is very valuable, giving you the right to do what you want with a piece of property.

However, not every title is “clean.” When a title is clean, it means the title holder has nothing to worry about in terms of other people claiming a right to the property. But if the title isn’t clean, then the title holder could be in for some serious legal headaches.

Some pieces of property have been around a long time, and have been with families for generations. But what if the property wasn’t obtained properly? What if someone else could make a claim on the property, and legitimately obtain part of the title? This is possible if the property wasn’t obtained properly in the first place or through adverse possession.

Liens can also be a huge problem for the title holder. If past debts are associated with either you or your property, then a lien could be placed on the property. This would mean that the title holder is unable to sell or do anything with the property before the lien is handled.

If you are experienced issues with your property or title, then consult with an attorney as soon as possible.