When it comes to real estate and its history of ownership, there’s no such thing as “new” documents. So the best that can be done with real estate documents and files is “good as new.” So the best we can do is file updated documents.
Attorneys use multiple tools to try to clean up real estate documents and files.
We often hear the phrase “good as new” to describe an item that may have been damaged and then repaired to be of at least as good of quality of the item was when the item was brand new.
When it comes to real estate and its historical chain of ownership in the courthouse, there is no “new.” The titles and ownership of real estate cannot be replaced with “new” land grants from the federal government.
Read more about “good as new” real estate documents and files in Lee’s article in the Lima News here: Legal-Ease: ‘Good as new’ real estate documents and files
Source: LimaOhio.com, “Legal-Ease: ‘Good as new’ real estate documents and files,” by Lee R. Schroeder, June 23, 2018
Lee R. Schroeder is an Ohio licensed attorney at Schroeder Law LLC in Putnam County. He limits his practice to business, real estate, estate planning and agriculture issues in northwest Ohio. He can be reached at Lee@LeeSchroeder.com or at 419-659-2058. This article is not intended to serve as legal advice, and specific advice should be sought from the licensed attorney of your choice based upon the specific facts and circumstances that you face.