Deeds Lawyer O’Fallon, MO
When you are ready to clear the title of a newly purchased property by a tax deed, you might find the process is not exactly a simple matter. To avoid delay or error, it is prudent that you work with a tax deeds lawyer who understands these matters and can help you to receive a clear title.
At Legacy Law Missouri, we offer efficient, honest solutions for a broad range of real estate matters including tax deeds. Guided by many years of experience, our deeds lawyers in O’Fallon, Missouri represent clients in O’Fallon, MO. If you’ve discovered your property has a tax lien and need to clear the title before it can be marketable, call a O’Fallon, MO deed lawyer from our office today.
Clearing a Title on a Property Purchased with a Tax Deed
A tax deed is a type of deed by which the state sells the property which was taken away from the previous owners due to a failure in paying property taxes. Before a tax deed is applied, the property must go through various steps that including the issuance of tax certificates. These are later referred to as ‘due and culminating’ properties that will eventually be sold at auction by the court clerk.
If you purchased a real estate property at an auction, you will need to ask a deeds lawyer in O’Fallon, MO to clear the title so the property can be resold. This type of title clearing process tends to much more complicated than others clearing processes. A deeds lawyer will need to complete the following:
Review the Title Search – Any property documents will need to be reviewed in order to determine any liens on the property as well as other possible issues.
File a Quiet Title Claim – Usually our firm will need to file a quiet title claim against any previous owners of the property who did not pay their taxes and lost the home as a result.
Bring a Claim Against Other Previous Lenders – A tax lien rules out other liens that are associated with previous lenders; however, it is mandatory that a suit be filed against them before a title is cleared.
Walk Through Process – A number of other complications can arise during the quiet title claim process. For example, it is not always easy to locate the previous owners or lenders, in particularly when a bank merges with another bank. In this case, extensive research may need to be carried out to find track down the right parties.
An O’Fallon, MO deeds lawyer is a special legal representative who works solely in real estate matters. It is advisable to only retain a tax deed lawyer, and not a general lawyer.
A Knowledgeable Deeds Lawyer in O’Fallon, MO
Our firm is very familiar with the tax deed process and has cleared property titles of all complexities. If you bought a tax deed property and would like to attain a marketable title, call a deeds lawyer in O’Fallon, MO from Legacy Law Missouri to learn about your rights and legal options.