Certificates of Title: The Good, the Bad & the Ugly
The judicial foreclosure of a lien, when accompanied by the issuance of a certificate of title, results in the creation of a new, independent source of title to real property. The effectiveness of this title in eliminating prior interests is dependent upon the manner in which the suit was conducted and by the common and statutory law incident to the action. In addition, while some interests may survive, others must survive as they cannot be extinguished in such an action. Some may even survive for… Show more
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