I would have to agree with him. Just did a closing for my son's first time acquisition of real estate (Condominium). Did a full search back to the date of declaration. Found a defective release on the construction mortgage recorded approximately 20 years earlier for the unit in question. Ordered home owner's policy with inflation endorsement. Made certain that we got a written statement from the title insurer that they would insure over the defective release.

 

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