Hi, Dave!

I was thinking along the same lines.  The wife subsequently transferred the property to herself and her daughter in 2004 and they held title in joint tenancy with the right of survivorship until she died testate, leaving the daughter as the surviving joint tenant.

There are currently two open mortgages to a credit union, so I my guess would be that no one has written a policy on this property in quite a while, if at all.  I obtained copies of everything and noted the discrepancies on my report.  I've turned over all the available information to the agent writing the title policy, so I've done my job.  It's up to them to sort it all out.  The whole transaction just kind of jumped out at me.  I've never seen anyone structure a conveyance that way, and I thought maybe I was missing something.

Thanks to all who responded, I appreciate your input.

Regards,
Scott L. Perry, President
Jireh Business Information Solutions, Inc.
SOT ID #1629