Show CLINIC By Tom McDonald President Elect American Lend land Title tion Lot Loss Changes In real estate ownership can prove prove costly to a home buyer and may not be revealed In time despite It a title search of public records before com a residential pur pur- pur purchase chase chale In aU an eastern state buyers Innocently acquired a h home homesite me site and con can constructed a ga ga- ga garage rage on the theland Ii land What the title search did not disclose in inthis inthis this Instance McDonald was that the property had been split Into two lots and that the buyers buyers received title to only ne of them The difficulty became known after the buyers completed their their purchase lIe and were Informed by the adjoining owner that the garage extended onto his lot Under the owners owner's title insurance of the buyers the title company paid for removing the garage and paid attorney fees for work I to settle the matter including ing a quitclaim deed through which any interests of the insured In the other lot Jot were conveyed to its owner t I Besides payment for de de- de defending fending against an atta attack k on title as insured owners owner's title Insurance will either clear up problems or pay valid claims as the policy pro pro- provides vides Precautions are worth the trouble before purchasing ing any type of home For free information on the subject write American Land Title Association Box Wash ington DC i is a system of starving yourself to death 10 you can cn I live GI a 8 little longer Jan Murray Murray |