CONVEYANCES

Question 1

At the moment the purchase contract is signed, who’s property is it?

Answer 1

The moment the contract is signed, it is the buyer’s land and the Buyer’s loss. Even though today, we re-assign to seller of the one that is already in possession

Question 2

What is Marketable Title?

Answer 2

Marketable Title is title free from doubt, free from lawsuits and free from threat of litigation.
-No Encumberances
-No mortgage
-No zoning violations

**If any Adverse Possession = Not Marketable Title!