Talk of The Villages Florida - View Single Post - Any Reason for Owner's Title Insurance on New Construction?
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Old 11-18-2022, 07:43 AM
Babubhat Babubhat is offline
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Originally Posted by golfing eagles View Post
Absolutely true. Just because the home was new on property bought by the developer, the title history of the land can go back pretty far. In NY, the big risk was Indian land claims. Lawyers would go back hundreds of years and research whether the person who bought land from native Americans or signed a treaty actually had the authority of Congress or the British crown to do so, and then the fun began.........
So many ridiculous things can come up. A bankruptcy 3 owners ago held up a deal at last minute . Why not an issue previously is incomprehensible