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VALUABLE INFORMATION ABOUT PROPERY OWNERSHIP

Area resident Kathy Lund shares her valuable findings with Yelm Community Blog readers & everyone.
Printed here with permission:

“Recently, we were reminded to make sure we have the right documents and proof to be able to show true ownership and rights to our properties. I have just spent time with a well known and trusted lawyer in Olympia going over all of this. His very best advice is this “NEVER BE CAVALIER ABOUT SERIOUS BUSINESS”.

I hope the following information will help to dispel erroneous ideas about how this is done. This is offered in simple terms for ease of understanding. It is wise to seek your own counsel and to not rest on any information that you read or hear, especially if it does not sit well with you. It is critical to use the appropriate instruments to prove property ownership.”

See what Ms. Lund says about:

– LAND PATENT/GRANT

– QUITCLAIM DEED

– DEED OF TRUST

– STATUTORY WARRANTY DEED

– TITLE INSURANCE POLICY

“The best way to know that you have full knowledge of all recorded encumbrances, liens, and easements on property is by obtaining a Title Insurance Policy through a Title Company. Without this knowledge, an owner can be vulnerable to many different potentials that could cause a dispute in ownership.”

CLICK HERE for more information.

Posted by Steve on November 18, 2010 at 6:14 am | Permalink

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