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A title defect is a potential threat to a current owner’s claim or full right to sell a house. A judgment, lien or lease are examples of publicly recorded matters that give another party a percentage of ownership to the property. The titleholder is generally called the property’s owner and has ownership rights. In some instances, such as if the titleholder fails to pay a prescribed property tax or utility bill, this right may be restricted. If the titleholder fails to make these payments, the government will put a lien on the property to recover the money owed.
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