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Title disputes can lead to serious legal problems

Title disputes aren't exactly uncommon in the world of real estate law. From business managers to home buyers, people and companies can run into serious problems because of their title -- or someone else's title. Today, we're going to talk about a couple of potential legal problems that can arise as a result of a title dispute.

One common way that a title dispute comes about is due to a title not being "clear." What this means is that someone from the past may have a legitimate claim to part ownership of the land if previous title holders obtained it through adverse possession or if they were not compliant when they needed to be. This can cause legal headaches for the current title holder while also opening up an opportunity for someone who may have a legitimate claim to the title.

Liens can also become a big problem for a title holder. Liens are figurative red flags that mark your title because you failed to pay a debt that a creditor says you owe. Before the title holder can do anything with the land, they have to address the problems outlined in the lien.

Of course, there are ways for the title holder to effectively address these legal situations, whether they are an individual person or a larger group of people or company. Title insurance can help out quite a bit in this regard, but as always, it is best to get in touch with an experienced attorney to ensure your case is being handled properly.

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