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<p>[QUOTE=&quot;Marshall, post: 7915446, member: 21705&quot;]A legitimate lender requires a Title Insurance Policy to insure THEM the Title is good. You have to prove you have good title. This is a legitimate use of a Quit-claim to settle a possible title problem.</p><p><br /></p><p>For example, claims of an illegitimate child of a prior owner found during a search. They may have claims for an interest, but not worth the effort or expense. They sign a quit-claim for a nominal sum and you&#039;re good.</p><p><br /></p><p>If you purchased a property without a mortgage, the lawyer was protecting YOU instead of a lender.[/QUOTE]</p><p><br /></p>

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