Have you ever looked into your property chain of title?
It’s pretty interesting stuff. But before we dive into that…
Did you see our blog post yesterday?
If so, you learned that all land in the United States has been patented, at least until 1913 when the Federal Reserve Act was passed.
That agreement delivered our land, and also all of our possessions, to be hypothecated to the Federal Reserve Bank as collateral to the federal debt.
If you research your property’s chain of title far back enough you will find that the government gave a patent to an individual at some point in time. The good news is that the patent says “to the patentee, his heirs, and assigns forever.”
This means as the owner of the property you are an “assign” via your equity interest in the property. All one has to do is update that patent into their name.
In addition, the land patent continues in perpetuity for the heirs and assigns and is silent on the reassignment. This means that a landholder can establish a land patent at any time.
Land patents and deed titles are NOT the same and also do not provide the equitable protections that most people believe they do. Put simply, a deed conveys “color of title” which is not true ownership.
The majority of Americans possess their homes and land through a deed, but they do not own it.
The deed is a public notice that you hold possession of the property so long as you continue to make any mortgage payments and dutifully pay your property taxes. This makes patents a crucial part of a property owner’s rights.
All one must do is claim their right as an Assign by updating the patent into their name. The process is easier than you think.
Join Real Estate Secrets & Start on Your Land Patent Today
Your friends in finance,
Private Wealth Academy
Leave a Reply
You must be logged in to post a comment.