There are copies of the official title in the possession of persons who own, or claim to own property. These are copies. The Title you Need to see is in a Government Office.
This is why…
Turning Lemons into Lemonade
Hurricane Gilbert devastated the Island of Jamaica in 1988. People lost everything. But being Jamaicans, they realised that profit could be made.
Claiming they lost their Title, they got duplicates.
They’d enter negotiations to sell their property, using a lawyer, handing him/her the duplicate Title. Then, on their own they’d find someone stupider than they are to buy the property. They’d get money from this prospective buyer, and give him the ‘original’ copy of the title.
Everything was set so that they Lemonade Maker would collect twice on the property and leave the two buyers to fight it out, while he caught the next flight to Miami.
If the second buyer had checked at the Titles Office he’d learn that the original copy had been lost, and a new copy produced; the number of the new copy would be listed, proving that what Second Buyer held was the ‘lost’ and defunct copy of the title.
Cell Tower
Many owners will grant a forever easement to a Cell Phone Operator for some amount of money. The Tower will be erected and stand forever. Buying that piece of property means that forever one will be under the radiation of that tower and the potentiality of that company coming in and out to correct or replace or increase the power of the tower.
The owner may not have that easement entered on their Title or may make it seem temporary.
Loans
Another popular method of rip off is to claim the Title was lost, get a new title, take a loan, (which is endorsed on the new Title and the Original at the Title’s Office). They will attempt to sell the property to another, not mentioning the loan, which is not endorsed on the ‘lost’ title.
Unless one physically goes to the Titles Office to see there is a loan, they won’t realise that they are buying property which owes money.
These are just three random cases. There are many more.
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