Author Box
Articles Categories
All Categories
Articles Resources

Taking Quiet Title Action

February 15, 2012 | Comments: 0 | Views: 146

Undertaking a quiet title action is often necessary in order for the investor to be sure that that the document to a piece of real estate is "free and clear." When that is the case, no one else can make claims to the real estate. However, if there is a risk that someone could make a case for it, this is a specific legal step that can prevent that from occurring. The use of this process may be vitally important in many instances.

When to Use It

If there is a question about the ownership of the property or a risk that someone else could have a claim, this warrants taking quiet title action. Often, individuals who purchase real estate through a foreclosure will need to do this. Inherited property also should go through this process. However, it is often used as a preventative measure on distressed property. It helps ensure that any claim to full or partial ownership to the real estate is not possible. It can also help ensure there are no additional liens or claims from creditors on the property.

How to Use It

In order to begin a quiet title action, individuals must first have a title company or real estate lawyer process it. This procedure will reveal any specific concerns regarding the ownership. It can pull up any previous ownership claims and reveal potential problems from liens. These are called clouds within the industry. If these are present, it is often necessary to make a legal move to remove them.

Individuals will generally need to file a lawsuit to clear these clouds. However, you must determine if there is any risk to you by doing so. The strength of your claim must be better than that of other claims prior to filing. In short, if someone else is likely to take ownership, it may not be worth the cost of paying for this.

The laws for this process are specific to your county or state. In most cases, the person filing must have possession of the property. An attorney can help you to prepare for any potential roadblocks in the process. The attorney can also take the steps required to process this type of claim. This may include placing notices in the public and to addressing any found claims.

Taking quiet title action is an important step. In most situations, it is worth taking because it provides an opportunity to learn about any potential risks you may be facing in taking ownership of property. There is no benefit to investing a great deal of money into the real estate only to find out that you cannot take ownership of it in the long term. Most people do benefit from this process, but doing it properly will make a can make a big difference in your profitability.

Interested in learning more about quiet title action? Be sure to visit:

Source: EzineArticles
Was this Helpful ?

Rate this Article

Article Tags:

Quiet Title Action

Thus, you can apply for the negligence compensation under such circumstances in order to recover your loss, Negligence Claims, Negligence compensation Involvedness of Negligence Claims. The court

By: Simon Liva l Legal > Personal Injury l December 13, 2012 lViews: 291

If a lawyer is not able to devote enough time to your case then your defense is likely to suffer. Moreover specialization in one stream or other of defense is important so that the attorney can

By: Simon Liva l Legal > Criminal Law l December 12, 2012 lViews: 428

Filing a business bankruptcy can be a complex and critical task, but you have several options. You can consult your bankruptcy attorney to know which among those options is right for you.This is a

By: Harvard McIntosh l Legal > Corporations LLC l December 11, 2012 lViews: 234

You can always check for the treatments that are covered. This is because there are some policies which do not give you claims if you meet any kind of head injury.You can always check for the

By: Simon Liva l Legal > Personal Injury l November 05, 2012 lViews: 240

In Colorado, you have many Personal Injury Lawyers to choose from. When you choose the Law Offices of Andrew C. Bubb you instantly put years of experience and legal know how in your corner. Attorney

By: Dilshad l Legal > Personal Injury l October 25, 2012 lViews: 388

If you have been charged with a crime, speak with Boulder criminal defense attorney Steven Louth immediately to protect your rights. Steven Louth is a criminal defense attorney and criminal trial

By: Dilshad l Legal > Personal Injury l October 18, 2012 lViews: 243

This article explains a quiet title action. It also explains the steps how to do the action for this kind of legal action.

By: Andrea Averyl Legal > Real Estate Lawl June 12, 2012 lViews: 204

One of the best ways to improve your situation is to hire a foreclosure attorney as soon as you default on your mortgage. This ensures that your lawyer has enough time to get your situation back on

By: Abraham Avotinal Legal > Real Estate Lawl June 04, 2012 lViews: 189

The thought of owning a home is a dream come true for many people. However, some people experience a lot of trouble along the way and could benefit from a real estate lawyer.

By: Abraham Avotinal Legal > Real Estate Lawl May 30, 2012 lViews: 167

A landlord lawyer can help to solve different problems. See what options that they can provide.

By: Abraham Avotinal Legal > Real Estate Lawl May 29, 2012 lViews: 176

For many individuals, buying their first home is difficult because of the need to save up enough money to make the initial payment or to cover the closing costs. However, you may be able to use funds

By: Jake C Santosl Legal > Real Estate Lawl May 23, 2012 lViews: 247

Help for Washington homeowners facing foreclosure. the Washington Foreclosure Fairness Act went into effect in July 2011. Mortgage mediation negotiations for homeowners in default on their mortgage

By: Dave Riderl Legal > Real Estate Lawl May 20, 2012 lViews: 215

There are several advantages to choosing antique heart pine flooring for you remodeling project. It offers an environmentally friendly option that is both versatile and durable.

By: Andrew Strattonl Home Improvement > Flooringl July 10, 2012 lViews: 221

Antique heart pine flooring is an excellent option for any home remodeling project. It will give you beautiful floors that are durable and environmentally friendly.

By: Andrew Strattonl Home Improvement > Flooringl July 10, 2012 lViews: 196

Botox may be the answer to your deep facial scarring as a result of acne. Consider the advantages and disadvantages of having injections, as well as a few other possible treatments.

By: Andrew Strattonl Health & Fitness > Skin Carel July 09, 2012 lViews: 170

Visiting a cosmetic dentist offers a person to quickly and effectively correct any sort of natural deficiency they may have in their smile. That is why this is by far the fastest growing and most

By: Andrew Strattonl Health & Fitness > Dental Carel June 15, 2012 lViews: 181

If you have a discolored, uneven, or chipped tooth, dental veneers can not only improve your smile but also help you achieve a celebrity smile that is designed to last up to 20 years. Getting a

By: Andrew Strattonl Health & Fitness > Dental Carel June 15, 2012 lViews: 170

The advancements in dentistry in recent years have made it easier and more comfortable to have all sorts of procedures. Technology has allowed dental professionals the ability to complete in one

By: Andrew Strattonl Health & Fitness > Dental Carel June 15, 2012 lViews: 196