Here's a common situation, as evidenced by the several questions I've gotten over the last week, alone: A settlement is done to secure a loan to real property, and the only evidence of "ownership" of one or more parties is a copy of a Will, showing the "owner" is an heir to some interest in the real property. The loan is made, the deed of trust is executed by the heir and is recorded, and the title policy is issued to the lender to assure "ownership" of the heir.
But no title document is recorded in the land records showing "ownership." Faux pas!
The Will merely directs the PR or Special Administrator on how property should be passed. Upon death, the entire recorded interest of the decedent becomes estate property. Any interest stated in the Will must be passed out of the estate, by the PR, and that instrument must be recorded in the land records. Period. Reliance by the settlement company/title agent solely on the Will is just wrong! The Will merely evidences the decedent's intent....nothing more.
Maryland lawyers with offices in Baltimore focused on real estate, business and construction litigation in the state and federal courts of Maryland and the District of Columbia.
Showing posts with label register of wills. Show all posts
Showing posts with label register of wills. Show all posts
Wednesday, April 7, 2010
Saturday, March 27, 2010
It's getting easier to locate estates in Maryland.
The latest addition to Maryland's on-line databases is here! You may now search all estates, across the state, on the new Register of Wills page. We may all search by decedent, interested party, and other categories. The search gives access to the docket.
But this is not like the PACER system, where you may download .pdf documents with a few clicks of the mouse, and payment of $.08 per page. This site only gives you document titles, and the number of pages. The document must be ordered, at a cost of $.50 per page. This involves filling out a form, and mailing or delivering the form., and then awaiting delivery of the documents through snail mail...*yawn*.
This is still a great tool to replace having to send our paralegals and assistants out to various courhouses to search for the existence of estates. But it does not vitiate the need to review the actual file (or microfilm) at the courthouse, and obtain copies.
But this is not like the PACER system, where you may download .pdf documents with a few clicks of the mouse, and payment of $.08 per page. This site only gives you document titles, and the number of pages. The document must be ordered, at a cost of $.50 per page. This involves filling out a form, and mailing or delivering the form., and then awaiting delivery of the documents through snail mail...*yawn*.
This is still a great tool to replace having to send our paralegals and assistants out to various courhouses to search for the existence of estates. But it does not vitiate the need to review the actual file (or microfilm) at the courthouse, and obtain copies.
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