Unusual Title Pattern
Posted: Tue Sep 26, 2023 6:18 am
I’m working on a project that involves 3 adjacent parcels (A, B & C). According to the most recent deeds I’ve found (2018), 2 are currently owned by Smith, 1 is owned by Church1. But I noticed a peculiar title history for all 3.
In the listing below, Smith, Jones, Doe and Roe are individuals; Church1 and Church2 are non-profit religious organizations (which may share governing bodies, not sure); and Bank is an S&L.
Parcel A (Smith’s house)
I’ve been trying to come up with a logical explanation for all the ping-pong transfers — legal or otherwise — but none have suggested themselves yet. Anyone here ever seen a pattern like this and/or have an explanation for it?
In the listing below, Smith, Jones, Doe and Roe are individuals; Church1 and Church2 are non-profit religious organizations (which may share governing bodies, not sure); and Bank is an S&L.
Parcel A (Smith’s house)
- 1986 Doe to Jones
1990 Jones to Church1
1991 Church1 to Jones
2003 Jones to Church1
2004 Church1 to Jones
2004 Jones to Church1
2006 Church1 to Jones
2006 Jones to Church1
2018 Church1 to Smith
- 1991 Roe to Church1
2003 Church1 to Jones
2003 Jones to Church1
- 1986 Bank to Jones
1990 Jones to Church1
1991 Church1 to Jones
1996 Jones to Church2
2008 Church2 to Church1
2018 Church1 to Smith
I’ve been trying to come up with a logical explanation for all the ping-pong transfers — legal or otherwise — but none have suggested themselves yet. Anyone here ever seen a pattern like this and/or have an explanation for it?