And recall the majority found that "failure to properly demonstrate the chain of title
" (23) was the reason the lender was not entitled to foreclose.
Nor is the question of provenance merely one about the importance of individual owners in the chain of title
. With respect to potentially looted art, there is the parallel risk of title itself.
-Understand the complexities of form and substance related to Expert Witness Testimony and how to use your portfolio of Education and Experience to Educate Judges and Opposing Counsel on Securitization Issues, Chain of Title
, and Robosigning
In this view, given that the foreclosure should happen in a particular instance (because the debtor is delinquent), and that the judiciary and other public officials have determined that foreclosure cases need to be handled expeditiously to reduce the backlog, judges apparently decide that it makes sense to permit the purported assignee to foreclose regardless of irregularities in the assignment process or chain of title
This makes it possible, in most cases, for a person who is about to acquire an interest in land to perform a "title search" in the public records, finding the chain of title
(which in theory will extend back to some sovereign owner) and ensuring that no holder in that chain of title
made an "adverse" conveyance to someone outside the chain before creating the next link in the chain.
If a lender has proof of ownership to all of the chain of title
in the assignments, then fine.
"That's what the gas company would refer to as a title defect, or an uncertainty in the chain of title
," Grayson said.
Clear Chain of Title
. The title of all patents and patent applications should be reviewed and any unclear title to any patents should be resolved.
Conners said the AG's Office aims its work in the foreclosure arena at returning reliability to the process and ensuring the proper chain of title
lack the status of bona fide purchasers--at least it is not in the case of a grantee who is aware that A has an unrecorded deed that would hook A up to the chain of title
Only thusly can what is called the "chain of title
" be legally established.
The overwhelming opinions expressed by the LinkedIn respondents indicate that if the bank perfected its title, it has superior rights to someone who asserts ownership outside the chain of title