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Title Defect
(redirected from Title Defects)

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Title Defect
Something that prevents a title to a property from being a clear title. That is, a title defect is a situation in which there may be a legitimate, contrary claim to the true ownership of the property. A title defect can prevent the sale of a property. See also: Title search, Title insurance, Quitclaim deed.


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The group handles issues that arise from title defects and related claims, environmental problems, successor-developer issues, lender-liability claims, and litigation arising in connection with distressed assets.
The buyer has advised that, to date, it is unaware of any title defects, though its research is still at an early stage because of the limited access to the title records.
Title insurance protects you from issues arising from incorrect signatures on documents, forgery, or other title defects that may result in financial loss.
 
 
 
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