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  #11 (permalink)  
Old 10-30-2006, 02:01 PM
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Join Date: Dec 2003
Location: Cleveland area, OH, OH
Cobra Make, Engine: CSX4xxx, Alum. Shelby 427 w/ Webers,
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Bureaucracy, look what this guy's lawyer had to deal with,
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
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?"

He got the loan.
__________________
Jon
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