A silent title suit is a case in which to decide who is entitled to claim immovable rights. The dispute aims to give the potential property to both parties the opportunity to produce proof of ownership. If no one challenges your claim, the judge will grant you full property rights.
A silent title case is a lawsuit filed for ownership of property. Property professionals need a clear understanding of this process to determine ownership of the real estate. Most notably, these legal proceedings enable the Court to determine whether the bank has realistic foreclosures and whether the creditor will assign the mortgage as a home-title bond.
In foreclosure, the owner may make a silent title claim against the status of limitation. The limitation statute shall be used as the legal basis on which a party may initiate a case.
In general, the silent title criterion must be reviewed and must include:
Homeowners may use a silent title action if the loan is not forfeited. Closing takes between 8 and 10 weeks. However, depending on the issues involved, the process may take longer, such as Orders of the Court.
How can I cancel the title of a silent auction?
The main objective of a silent title is to establish clear ownership of property. You may address other current issues with non-mobilizing parties, and the Court has the right to consider further suggestions from both sides.
Silent title action requires active discussion. This is only a way to ensure that the property is available to potential owners free of charge. The main advantage of the silent title case is that, once a decision has been taken in favor of the defendant, their land will, in fact, not be called into question.
For information on foreclosure defense call us at (877) 399 2995. We offer litigation document review support, mortgage audit reports, securitization audit reports, affidavit of expert witness notarized, and more.