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File a Quiet Title Lawsuit Business Articles | May 9, 2012 Filing a quiet title lawsuit is a process that takes time and money, but is often necessary to obtain a clear property title.
A quiet title is a lawsuit that is filed to "quiet" other individuals who may contest your ownership of property. With a quiet title judgment in hand you will be able to obtain title insurance for real property. Anyone who purchases property with a mortgage is required by the lender to pay for property insurance and title insurance. These insurance products protect not only the lender but also the owner. Title insurance is insurance that is designed to protect the title of property. It ensures that you will obtain full ownership rights when you purchase the land Cheap NCAA Jerseys , and that no one else can come along with claims of ownership rights for the property. If you are involved in acquiring distressed property, you may run into a problem with the title insurance. It may show that there are claims against the property, or there may be claims you don't know about. If this happens, you will not be able to obtain title insurance. You will be required at this point to pursue a quiet title lawsuit.
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