I found out 2 years after buying a house that there is an easement on my property that the title insurance company didnt report, from 1944, from a pipeline company, a lawyer said he has never heard of a title company only going back 40 years, ( which is what they (title comp) said is standard policy?) The easement was recorded at the register of deeds in 1944, now the pipeline company is clear cutting my yard, tearing down an out building I have. They arent doing this after 62 years for nothing, so what if they put a above ground pipe, or a pump station? ( I live on a corner so they might do this ) my question is what amount do I sue the title company for?
I just lost the use of 1/4 of my land, a permanent building, 5 very old mature trees, this kills my property value.
Does this make my mortgage null and void? I had plans to add to my house,Build a pole barn, and build a fence around the yard, I cant do anything now, I never would have bought the place if I knew this, help!
2006-12-19
01:13:20
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13 answers
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asked by
fighterace26
3
in
Renting & Real Estate