Douglas: I do not know whether there now is a marketable title act being used in Virgina or not- I gave up on title insurance and all the updates , amendments and endorsements when it was just too much for one person to handle( in my opinion)- but I have always been instructed that for a full title in the Commonwealth of Va- we go back 60 years and then if it is a "special warranty" we continue until we reach a general warranty deed- so I guess it would be the "accepted norm" here- although I venture that very few of the titles being pumped out any more even make it beyond the current owner- and having a prior policy is just as big of a joke- they are usually just copies of something that was close to the section or block- usually nothing actually affects the lot being insured- of course this applies only to certain title insurance companies that promote quick and or abbreviated searches, and that is evident when one actually chains back a title and finds an erroneous legal description being "copied" for use on prior deeds- I did one just last week that had the last 7 deeds with an error in the dedication book and page- it had listed a foreclosure deed reference in all of those 7 instead of the correct dedication book and page- which means that for the last 8 titles someone got it wrong!! This is occurring much more frequently anymore- it is a shame that the customers are being short changed like this- and the settlement or closing companies are allowing these kinds of searches to just go ahead with all the errors. I guess they have dollar signs blinding them and only see that instead of the integrity that should be driving the process for their customers.
Steve Meinecke
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