What to find on a Title Report
Purchase & Sale Agreement
Red Flags of Title
The Life of an Escrow Officer
Last Minute Additions
100
Based on the Sales Price
What is ALTA Homeowner's policy
100
Important for escrow to have at the beginning of the transaction
What is Client Information
100
Notice may be given at any time but only protects the right to claim a lien for professional services, materials, or equipment supplied after the date which is sixty days before
What is Mechanics (Contractor's) Lien?
100
Although not a lawyer, they are able to prepare, and complete documents in a form previously approved by the Limited Practice Board for use in closing a loan, extension of credit, sale, or other transfer of real or personal property.
What is a Limited Practice Officer?
200
Base on the Loan Amount
What is Lenders Simultaneous Policy
200
We accepted Certified Cashiers check or wire; no cash excepted
What is Earnest Money
200
This Lien is the government's legal claim against your property when you neglect or fail to pay a tax debt. The lien protects the government's interest in all your property, including real estate, personal property and financial assets.
What is A federal tax lien
300
Title to the Estate of interest in the land is at the Effective Date vested in Test T. Seller, as his separate estate
Who has the right to sell the property
300
Can hold up the transaction if we we don't have the most updated one
What is Addendum
300
Lien issued by DHSH
What is an Child Support Lien
400
They are on every residential resales title policy
What is General Exceptions
400
Possession Change
What is a Closing Date?
400
A certain right to use the "Real Property" of another without actually owning the property
What is an easement?
500
These run to a specific tax parcel number
What is Special Exceptions
500
The day the buyer assumes the loan
What is a signing appointment
500
Usually in subdivisions but can be found in any neighbor generally enforced by the local Home Owners Associations
What are Convents, Conditions and Restrictions
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