Thursday, September 14, 2006

Fwd: Title search

A Lawyer You Gotta Love!

Only in Louisiana.

You gotta love this lawyer - It's too good not to
share! Everyone who has ever bought a house will enjoy this.

A New Orleans lawyer sought an FHA loan for a client. He was told the
loan would be granted if he could prove satisfactory title to the parcel
of property being offered as collateral. The title to the property dated
back to 1803, which took the Lawyer three months to track down. After sending
the information to the FHA, he received the following reply:

(Actual letter): "Upon review of your letter adjoining your client's loan
application, we note that the request is supported by an Abstract of
Title.

While we compliment the able manner in which you have prepared and
presented the application, we must point out that you have only cleared
title to the proposed collateral property back to 1803. Before final
approval can be accorded, it will be necessary to clear the title back to
its origin."

Annoyed, the lawyer responded as follows (actual letter):

"Your letter regarding title in Case No. 189156 has been received. I
notethat you wish to have title extended further than the 194 years covered
by the present application. I was unaware that any educated person in this
country, particularly those working in the property area, would not know
that Louisiana was purchased, by the U.S., from France in 1803, the year
of origin identified in our application.

For the edification of uninformed FHA bureaucrats, the title to the land
prior to U.S. ownership was obtained from France, which had acquired it
by Right of Conquest from Spain.

The land came into the possession of Spain by Right of Discovery made in
the year 1492 by a sea captain named Christopher Columbus, who had been
granted the privilege of seeking a new route to India by the Spanish
monarch, Isabella. The good queen, Isabella, being a pious woman and
almost as careful about titles as the FHA, took the precaution of
securing the blessing of the Pope before she sold her jewels to finance
Columbus' expedition.

Now the Pope, as I'm sure you may know, is the emissary of Jesus Christ,
the Son of God, and God, it is commonly accepted, created this world.
Therefore, I believe it is safe to presume that God also made that part
of the world called Louisiana. God, therefore, would be the owner of
origin and His origins date back to before the beginning of time, the
world as we know it AND the FHA.

I hope you find God's original claim to be satisfactory. Now, may we
have our damn loan?"

* He got the loan.