A Guide to Deeds Title insurance is primarily based on records which include recorded documents, public records, files and the like. One of the most common of these documents is a deed — a written instrument transferring the title or an interest in real property from one party to another. …
Deceased Seller One of the first things is to determine if there is an open probate. If a probate has been opened, the commitment will contain a paragraph stating who was appointed as the personal representative. This paragraph will also state if the estate has been granted non-intervention powers to …
2017 Property Taxes The 2017 general county property taxes become a lien on real property the moment that the new year begins even though the new tax amounts are not made available to the public until they have been certified by the assessor and the treasurer in mid-February. Don’t be …
QUESTION: Who is entitled to select the Title Company in a transaction? Buyer, Seller or totally negotiable? Who is designated to select the closer? If Buyer, where in the contract does it state that? ANSWER: Selection of both the title company and the closing company is subject to the …
Escrow Checklist for Real Estate Agents Provide a copy of the fully executed contract including legal description and tax parcel number. Make certain to provide all addendums as soon as possible. * Provide complete broker Information including address and licensing information. * Contact information for Buyers and Sellers. …
Tip from the Escrow Desk Did you know that utilities cause more post-closing phone calls than any other aspect of a Purchase & Sale Agreement? In a seller’s market, such as what we’re experiencing now, delayed possession is common. Due to this, many contracts include a delayed possession rental agreement. …
