This is one of the most protective contingencies for a home buyer. A home's title is proof of the property's current owner and who has owned it in the past.
A title search, which is a part of the closing process, confirms this.
However, not all homes have clear titles. It means that after you have bought the home, the legal owner of the house could come back and contest your occupation of the property if the title is unclear.
No comments:
Post a Comment