Lenders
Realtors
Buyers/Sellers
Escrow
History
100
All Lenders requires this on every refinance and purchase transaction from the title companies.
What is Lenders Title Insurance?
100
This Insurance Policy protects the Buyer from any past title defects
What is An Owners Policy?
100
The date on which the Seller delivers the deed, and the buyer pays for the property.
What is the Closing Date?
100
A common Instrument used to convey title to Real Property
What is A Deed?
100
Created out of necessity
What is title insurance?
200
The Title Company will issue these letters insuring the lenders that funds have been disbursed properly.
What is the Closing Protection Letter?
200
A deposit made by a purchaser of real estate to evidence good faith.
What is Earnest Money?
200
One who holds property in Trust for another to secure performance.
Who is the Trustee?
200
This form sets out the Summary of all Settlement/Closing Changes for both Buyers and Sellers
What is a Alta Settlement Statement?
200
This is a detailed report on the history of the property that we no longer use or update.
What is an Abstract?
300
The difference between the value of a property and outstanding mortgage debts.
What is Equity?
300
An agreement between competent parties to do or not to do certain things for a consideration. Agreement between Sellers and Buyers.
What is a sales contract?
300
This report gives you a detailed report of the mechanics of the home. Hint call Mike Miller!!!
What is an Inspection Report?
300
A security instrument that secures the Real Estate
What is a Deed of Trust?
300
How old is Title Insurance
What is 140years old?
400
An opinion or estimate of a property value.
What is an Appraisal?
400
A Real Estate licensee who represents the Buyer in a real estate transaction is called.
What is a Buyers Agent?
400
The process by which a parcel of land is measured to establish property lines.
What is a Survey?
400
The Best Title Company in Middle Tennessee
Who is Stewart Title? Patti Robitaille
400
He laid the groundwork for the model and concept of insurance as we know it today.
Who is Ben Franklin?
500
The act of entering in a book of public record instruments affection the title to real property.
What is Recording?
500
The Best Commercial and Residental Real Estate Agent in middle Tennessee.
Who is Joy Lamberson McNaughten?
500
At the end of the year if you sold an Investment Property you may receive one of these from the title company.
What is 1099 Form?
500
The person at the Title Company that handles the closing for both the Buyers and Sellers
What is An Escrow Officer?
500
This State created the laws to allow insurance of title
What is Pennsylvania?
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