View Full Version : Searching for Old Property Titles

11-27-2004, 10:38 AM
Received this from a friend, amongst my morning e-mails & it made me laugh. Since many of us are involved with histories of old towns, I'm sure you will get a kick out of it as well:

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 a 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 note
that you wish to have title extend

ed 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 ****

The loan was approved.