What Is a Quiet Title Action?
August 26, 2022by Brian Walsh
Title work sometimes feels like an afterthought. If there is drama to be had in acquiring, selling, or transferring ownership to real estate, it usually occurs at the level of the appraisal, the inspection, or the negotiation between parties. Compared to other theaters of the transaction, the title work almost feels like a snooze. … Until it doesn’t. It’s rare, but occasionally title work uncovers a serious problem. That’s why we never skip the title work. Title problems could cause the asset to languish in judicial limbo and ultimately fail to change hands. If you’re unlucky, this could be after huge, nonrefundable checks have already been cashed.