How can King County’s Regulations of On-Site Sewage (OSS) impact the closing process? When a property served by a septic system is being sold or transferred, the seller must record a Notice of On-site Sewage System Operation and Maintenance Requirements (OSSM) at the King County Recorder’s …
Often an item that is important to assist in closing an escrow is a Homeowner’s Association (HOA) Escrow Demand. There have been questions regarding upfront fees, and whether or not a Resale Certificate is sufficient. Below are some facts concerning the HOA Escrow Demand. – The Escrow Demand is a …
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. …
Life Estate I often get asked about life estates – what is a Life Estate, how does it work, how can it be terminated. Below is detailed information answering most of those questions. Please do not hesitate to contact me should you have questions or if you need assistance. …
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 …
We see a large number of properties that are vested in trusts simply because we experienced an increase in the number of properties purchased by trusts 10-15 years ago. A number of unique challenges are present for both sellers and purchasers when a trust is involved. The first thing to …
