Real estate litigation can have a significant impact on your property’s title. If a dispute arises, filing a lis pendens can cloud the title, making your real estate difficult to sell or refinance. To resolve the issue, you may need to clear the title by pursuing a quiet title action – a potentially complex and time-consuming process that calls for legal expertise.
Quieting a title is a legal process used to clear up any disputes or claims that challenge property ownership. It’s essentially a court action to establish that the real estate has a clear and undisputed title. This process is often necessary when there are conflicting claims to ownership, such as unresolved liens, adverse possession claims, or errors in property records.
Seller failure to disclose in Colorado involves a situation where a seller intentionally or negligently omits information about known defects that could significantly negate the property’s value. These issues may include water damage, structural problems, mold, or the existence of hazardous materials. If a buyer discovers an undisclosed defect after purchasing the property, they may have grounds to sue.