Land Title Process in New Orleans
How to process collateral property before 1803...
[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...]
"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...]
"Your letter regarding title in Case No. 189156 has been
received. I note that 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?"
The loan was approved...