Even with new properties in the villages, title defects can be more than 100 years old, long before Mssrs Scwartz or Morse were in the chain. In fact claims preceeding the last owner are less acertainable and there is no statute of limitations. The title company is on the hook no matter how old the defect or who screwed up. If a defect is found later after your purchase , the property may become unmarketable.
Disclaimer: I am not a title atty, agent nor have I ever owned or even worked for a Title insurer
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"All that is necessary for the triumph of evil is that good men do nothing" Edmund Burke 1729-1797
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