The Ins and Outs of Easements
(Page 4 of 4)
The title policy does not insure against a whole host of things like zoning, for example. All of that fine print is concerned with things of that nature and has nothing to do with the seller's ability to give you a title to the property. The title report is very useful in that it will point out to you, in the special exceptions section, any rights to the property that have been sold or deeded away in the past and that you will not receive when you purchase the property. Timber and mineral rights are common examples of country property rights that do not always go with the sale. If you thought you were buying land or a house that included rights that show up as exceptions in the title report you have the right to refuse to go through with the sale, provided the deal was written correctly. Buying land is a big step. You will enjoy it for years to come.
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Send your questions to "Country Real Estate," c/o Mother Earth News, P. O. Box 129. Arden, NC 28704 or via e-mail at MEarthNews@aoL.com. Enclose a photo and we'll make you famous in the bargain. Please keep in mind that state laws vary and that this column is no substitute for local legal advice.
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