By Adam Leitman Bailey Q. Why do I have to buy title insurance when purchasing a property? A. Although attorneys will insist you purchase title insurance, and lenders won’t issue a mortgage without it, such a purchase is not required by law. Title insurance has the primary function of insuring owners in the event of Full Article…
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The Race to Erase Recording Mistakes, New York Law Journal
By Adam Leitman Bailey and Jackie Halpern Weinstein To protect the integrity of this nation’s property transfer system, the robo-signing controversy must result in a better system of transferring property and loans. Beneath this public debacle exists another old timer in the world of recording: property transfer mistakes. Improper, mistaken, or wrongly executed and indexed Full Article…