1
Questions and Answers / writ of execution vs title check
« on: May 13, 2007, 02:16:43 AM »
In my understanding Writ of execution is issued in the sherriff office to hold on to the title of the property so that there will be no transaction will be made . this is based on the court order . If the former owner will not appeal on this order the property will be up to public bidding so that the complainant will be awarded the amount owed by the former owner.
title search is knowing if the certain property has any lien and encumbrances attach to the title so that you will know if it is a clean or not. If ever you bought a property that has a lien or and encumbrances (like mortgages, taxes, and other penalties impose ). the title will not be tranfer to you name until this lien and encumbrances is cleared that means you need to pay off this first
title search is knowing if the certain property has any lien and encumbrances attach to the title so that you will know if it is a clean or not. If ever you bought a property that has a lien or and encumbrances (like mortgages, taxes, and other penalties impose ). the title will not be tranfer to you name until this lien and encumbrances is cleared that means you need to pay off this first