An experienced receiver working closely with a sophisticated title insurance company can usually obtain free and clear title for the sales of new condo and tract tract home subdivisions on a retail basis. Here’s how…. Read the rest of this entry »
Yes, receivers can sell real estate free and clear of mechanics liens.
This is not well known though – not even by title companies, highly experienced bank attorneys or many of the most experienced receivers. Not because these folks aren’t knowledgeable and sophisticated, but rather simply because there hasn’t been much call for selling real estate by receivers, so the area is full of myth and legend and misinformation. Read the rest of this entry »
