Real estate crash - tax sales and the perils of resulting title defects
Politics • February 2010 • Views: 236
Keep in mind that the “one year period” has no legal significance. Title defects resulting from a tax sale do not go away after one year. If a buyer purchases a property under these conditions, the buyer will have difficulty selling the property, regardless of the fact that he used a corner-cutting settlement company to do an end run around the title defects.