On Friday, February 8, 2019 at 11:23:45 PM UTC-5, Ralph Mowery wrote:
In article ,
says...

Some state laws require a lawyer do a title search. NY was one for
me. You take out title insurance if the lawyer didn't make sure the
title was clear. Sue the lawyer.



I was told by my lawyer that even though they do a title search, if
anything pops up, they are not responsiable for it. You should take out
the title insurance.

What is interisting is that I know a man that does survey of the
property. If he makes a mistake, it is up to him to make it right.

Just shows how how the lawyers protect theirselves, but screw over the
others.

Title insurance through a title insurance company, seems like a very
reasonable approach to me. To start with, no mortgage company that I
know of will give you a mortgage without it. More importantly, if you
were to rely on a lawyer to try to collect if it turns out decades later
that the title isn't clear, what happens if he's dead, out of business,
moved to another state, gone broke, etc? And even if he's still there,
now you'd have to prove that he made the mistake. He's a lawyer who's
fees will be free, you have to hire a lawyer to sue him. With a title
insurance company, they are guaranteeing that you have clear title,
regardless of who screwed up or when. Here in NJ title searches are done
by the title insurance companies.