The current owners just do some extra paperwork that asserts the original papertrail that was lost, basically that's it. The downside is that it usually resul

The current owners just do some extra paperwork that asserts the original papertrail that was lost, basically that's it. The downside is that it usually results in a significantly lower sale price if you try to sell down the road because there is a risk of contested ownership that will result in legal fees or losing the property (very rare). I did work for what I later learned were shady real estate/escrow companies some years back, maybe it changed since then.