Question: Case Study 1 : The Hidden Lien Background: Sarah is purchasing her first home. During the title examination process, the paralegal discovers a hidden lien
Case Study : The Hidden Lien
Background: Sarah is purchasing her first home. During the title examination process, the paralegal discovers a hidden lien on the property. The seller did not disclose this lien during negotiations.
Task: Analyze the implications of the hidden lien on the property's title. Identify potential risks for Sarah as the buyer and for the lender. Discuss strategies for resolving the title issue and facilitating the transaction.
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