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Largest Settlement Companies? - Angela Sharp/CA
1/21/2017 7:39:46 PM (1673 views)

[+] V7 HILLS - NO PAYMENTS TILL DATE FROM MAY OF LAST YEAR ??? - Sri Venkateshaiah/MI (3 replies)
1/20/2017 8:57:37 PM (2005 views)

[+] Background Checks- WHY??? - Jaime  Kosofsky/NC (4 replies)
1/19/2017 2:44:54 PM (2244 views)

[+] Jena Consigilio-JC Abstract - Crystal Hernandez/OH (2 replies)
1/19/2017 9:07:24 AM (2350 views)

[+] Out of Business - Sara Tressler/PA (4 replies)
1/18/2017 9:46:41 AM (2865 views)


Real Title Services


[+] Alternative to Courhousedirect.com - Matthew Robertson/TX (1 reply)
1/17/2017 10:01:11 AM (2176 views)

[+] America's Choice: ever heard of them? - Beverly Murch/VA (7 replies)
1/17/2017 9:01:23 AM (2221 views)

[+] iNet Business solutions - latichia lee/DC (3 replies)
1/12/2017 10:16:32 AM (3157 views)

[-] Another odd title problem - Leigh Attridge/MA (8 replies)
1/10/2017 5:13:24 PM (2260 views)
Re: Another odd title problem - george Hubka/MI
1/10/2017 9:05:19 PM (1855 views)
Re: Another odd title problem - Leigh Attridge/MA
1/11/2017 7:30:43 AM (1829 views)
Love to know the answer ... - Bobbi Shorthouse, Notary Public/CT
1/11/2017 7:40:01 AM (1915 views)
Re: Love to know the answer ... - Leigh Attridge/MA
1/11/2017 9:22:13 AM (2280 views)
Re: Another odd title problem - James Powell/MI
1/12/2017 9:31:23 AM (4761 views)
Re: Another odd title problem - Leigh Attridge/MA
1/12/2017 9:57:48 AM (1845 views)

Foreclosures in Massachusetts are a little odd in that there is an entry and possession AND a deed under power of sale by the mortgagee (not a sheriff's sale).  It's kind of a belt & suspenders kind of thing. 

In this case all the foreclosure docs were perfectly fine - my issue was with the wording on the foreclosure deed itself.  Normally the language would be the same as any other deed's phraseology.  I believe that it should have read:  A, holder of a mortgage from B to A Bank conveys the premises described in said mortgage...  Instead the f/d read something along the lines of A, holder of a mortgage from B to A Bank conveys "development rights" which I don't think is sufficient to transfer a fee simple interest in the land and buildings described in the mortgage. 

If that deed was incorrect and then a nullity, with no actual conveyance of the fee simple interest, then the property would remain in the original developer subject to the mortgage; with an entry & posn ripening in 3 years. 

It's that 3 year period that I was concerned with.  If, during that time period, the original developer filed for bankruptcy, would the property then be subject to bankruptcy court, given that the foreclosure deed failed to convey the property to the new owner 

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Re: Another odd title problem - James Powell/MI
1/13/2017 9:25:56 AM (1703 views)
Re: Another odd title problem - Philip Apter/CT
1/23/2017 8:19:35 AM (1478 views)

[+] NALTEA Suggestion - robert beahr/VA (13 replies)
1/10/2017 1:16:12 PM (2008 views)

[+] Reconsidering NALTEA - Julia Thomas/OH (8 replies)
1/9/2017 10:56:15 AM (1851 views)

Scam Alert: ALTA Mailing Database - James Powell/MI
1/6/2017 8:50:03 AM (3505 views)

[+] IDOMENT INC - REBECCA RIZZONELLI/PA (5 replies)
1/4/2017 11:53:59 PM (1935 views)

[+] Server Upgrade - Slade Smith/OH (4 replies)
12/31/2016 2:49:49 PM (1829 views)

[+] Title Commitment - Don (Chunshen) Li/FL (11 replies)
12/30/2016 5:37:42 PM (2104 views)


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