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Message
re: Does Anyone Have Any Unique Stories About Land Disputes?
Posted on 5/24/16 at 3:11 pm to Royal
Posted on 5/24/16 at 3:11 pm to Royal
quote:
Our law firm once foreclosed on a piece of property for a local bank. It was supposed to contain a newer ( maybe 5 years old) house, detached garage, and pool. So, the attorney handling the foreclosure simply used the description from the deed of trust-our firm had represented the bank in the closing as well. Bank foreclosed, family moved out, and the property was put up for sale. Buyers came in and were about to close when the whole process hit a snag. Turns out the bank had actually foreclosed on an empty lot next door! The builder had built the house, pool and garage on the WRONG LOT next door to the one on which the house was supposed to be built.
The Title Company is going to get sued.
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