Statutory Warranty Deed: A deed by which the grantor “conveys and warrants” the real property to the grantee. A Statutory Warranty Deed conveys fee simple title to the grantee and warrants against defects asserted by all persons, except for those matters disclosed in the deed. Special Warranty Deed: A Special …
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The seller is deceased. What happens now? First we need to determine if there is an open probate. Part of the process of preparing the title commitment includes running the seller’s name, looking for any possible probates, and other matters. If a probate has been opened, the commitment will contain …
Landlocked Property What does it mean for a property to be landlocked? A property that is landlocked has no legal right of access from a public road or legal right of access over a private road or easement. Perhaps the property owner has been accessing the property via a private …
On Thursday May 17th 2018, Old Republic Title is pleased to offer an informative clock hour class on Geographic Area Prospecting. Allen Cripe will discuss topics such as why “traditional” farming has not worked, understanding how to predict revenue flow from your Geographic Area and how to build a Geographic …
Lack of Probate Affidavit Selling a property when a vested owner is deceased and there is no probate requires additional information in order for a title company to insure the sale. A Lack of Probate Affidavit is the first item a title company will require. This is usually completed …
