American Abstract offers a complete range of insured products including Full Alta coverage policies, and Jr. Alta policies in compliance with secondary market requirements.
Real estate has traditionally been a family's most valuable
asset. It is a form of wealth that is protected by many
laws. These laws have been enacted to protect one's
ownership of real estate and the improvements located on the
land. The owner, the owner's family, and the owner's heirs
have rights or claims in and to the property that you are
buying. Those who may have an interest in or lien upon the
property could be governmental bodies, contractors, lenders,
judgment creditors, the Internal Revenue Service, or various
other individuals or corporations. The real estate may be
sold to you without the knowledge of the party having a
right or claim in and to the property. In addition, you may
purchase the real estate without having any knowledge of
these rights or claims. In either event, these rights or
claims remain attached to the title to the property that you
are buying until they are extinguished. |
