7.1 Introduction

LibraryReal Estate Practice Deskbook (2019 Ed.)

I. (§7.1) Introduction

Real estate is often the most valuable asset that individuals and corporations will ever own. To fully enjoy the benefits of real estate ownership, owners must be able to freely convey, mortgage, or otherwise dispose of title to their real estate. For any number of reasons, a real estate owner's title can be defective. When title is defective, an owner typically will be unable to sell or mortgage real estate because its buyer or lender will object to the status of title, or a title...

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