Aestar LLC supervises the sale transactions, verifies legal documents, and insures real estate titles.
Aestar LLC is a different title company. Aestar offers knowledge to protect consumers: buyers and sellers.
In a special warranty deed, sellers warrant forever against every lawful claim or demand caused by the sellers when they own the property. This type of deed is prevalently used. For example, you bought a house in 2011 from seller A, who had bought the house from builder B in 2010. In 2012, the county notified you that the 2009 property tax had not been paid. If you had received a Special Warranty Deed from Seller A, then Seller A would have nothing to do with the 2009 unpaid property tax since Seller A bought the house in 2011. In other words, Seller A would have warranted simply that Seller A had not done anything to encumber or otherwise harm the title to the property while Seller A owned the property. Seller A would not be liable for the 2009 unpaid property tax.
Contact me should you have further questions.
Jonathan Kan, Licensed Title Producer/Notary Public
Aestar Settlements LLC
15881-B Crabbs Branch Way, Rockville, MD 20855
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This column is not legal advice and should not be acted upon without obtaining your own legal counsel.
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