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In Florida, a cause of action for quiet title is a legal proceeding, which is filed in circuit court and is used to clear title the claimant’s real property. The goal of a quiet title action is to get rid of all claims to title, that would prevent a title insurance company from issuing an insurance policy of clear title.
In an expected move by Florida courts, the scheme of filing a quiet title action to eliminate a lenders claim of a lien through its mortgage has been deemed meritless. The situation revolves around Fidelity Land Trust and sunshine state land trust, both companies that received de.
Despite a September injunction freezing the operations of several south florida. foreclosure action,” Kuvin said. The attorney general’s complaint says the land trusts wrongfully guaranteed they.
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A quiet title action is simply a lawsuit designed to clear title to land and remove any clouds on title on Florida real estate. A quiet title action may not remove or clear up all claims that can be brought against the subject property.
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Certain dicta, however, leaves open the possibility that California may recognize a cause of action when a borrower can actually allege facts showing that the wrong party initiated the foreclosure.
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The Law Firm of Harry G. Reid, III, P.L. is a firm serving Sanford, FL in Real Estate, Mortgage Law and Corporate Law cases. View the law firm’s profile.
The massive scope of this quiet crime wave. which went into foreclosure in 2005, the result of an unpaid $1.5 million mortgage. In 2008, Mr. Spota’s office alleges, the defendants falsified the.