Question on my right on a house i paid for but still don’t own yet a year later
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Question on my right on a house i paid for but still don’t own yet a year later
I bought a house and paid cash in full got all the paper work and was told that they will file the title and pay for the transfer fee, after six weeks goes by and still no title we call the real estate company and asked where it is, and was told then that they where in court trying to get full ownership of the house, to find out that 11 other people own it and all signed it over to him except for one that died, and the family member is fighting them in court. my ? is, what are my rights and 2 was it legal for them to sell me the house knowing he didn’t have full ownership of the house?
Asked on June 22, 2009 under Real Estate Law, Ohio
Answers:
J. Norman Stark / J. Norman Stark
Answered 14 years ago | Contributor
Dear Inquirer: It was absolutely unlawful for any broker to sell you property for which there was no clear title! Additionally, it was unwise to pay for the purchase without consulting an Attorney to satisdfy the requirements of all paperwork, inmcluding strict escrow instructions, and a CPL - Closing Protection Letter from you to the title company and underwriter-insurer,etc.
Consult legal counsel ASAP to assert your rights and to protect your interests. You definitely have a good case!
Good luck!
Sincerely, J. Norman Stark
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