[quote=briansd1]I think that UCGAl pretty much nailed it.
We are entitled to know. That’s what the recording process is for.
The recording process protects the real estate market from fraud and it protects people who have claims to real estate by allowing them to publicly record their claims.
The trade off is that they give up some of their privacy. That’s just the way it goes.
People of wealth can use trusts, corporations, partnerships, etc.. to obfuscate the ownership. But if you follow the trail, you can find out who owns the property.
So, no, I don’t think it’s time to move along. It’s very legitimate for people interested in real estate to scrutinize every sale.
In the past, in early America, everyone knew everyone and knew who owned what.
The public recording was designed to provide public notice (like shouting in the middle of the town square with everyone assembled so that all citizens would be aware of a transaction).[/quote]
And I thought you said you were entitled to know. Silly me….
