- Types of Titles
- Registered / Land Court
- Non-Registered
- What is a "Cloud on Title"?
- Any document, claim, unreleased lien or encumbrance that may impair the title to a property.
- Discovery
- Title Search
- Types of Clouds
- Contract for Deed
- Recorded Option
- Recorded Mortgage
- Lis Pendens
- Incomplete legal description
- Heir(s) with prior claim
- Lessee with Option to Purchase
- Tax Lien
- Municipal Lien Certificate
- IRS Lien
- Mass. Dept. of Revenue
- Bankruptcy
- Divorce
- Foreclosure
- Condemnation
- Adverse Possession
- Homestead
- Zoning and Building Code Violations
- Misidentification of property / land
- Improvements without permits
- Estoppel
- Mechanics Lien
- Title Insurance
- Lender - Loan Title Insurance
- Required
- Up to amount of loan
- Standard and Extended Coverage
- Owners Title Insurance Policy
- Optional
- Up to amount of purchase price
- Standard and Extended Coverage
- Attorney - Professional
- Liability Insurance
- Malpractice Insurance
- Lender - Loan Title Insurance
- Remedies
- Quiet Title
- Quitclaim Deed
Suggested References:
The Language of Real Estate - 5th Edition by John W. Reilly