Show:
What you find on the Title Commitment
Purchase & Sale Agreement
Red Flags of Title
The Life of an Escrow Officer
HOLD UPS
100
Based on the Sales Price
What is Homeowner's Title Premium?
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?
100
Sometimes offer as a gift at the end of a transaction
What is a home warranty
200
Base on the Loan Amount
What is Lenders Simultaneous Policy
200
Money order, certified check, personal 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
200
The most popular time for recordings
What is end of the month?
200
This can change the sales price
What is a late appraisal?
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?
300
Guaranteed Clean title for new buyers
What is Clearing Clouds on Title?
300
When the seller becomes the tenant
What is an rent back
400
They are on every residential resale 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?
400
The best part of their day
What is a signing appointment?
400
signing location dispute
What is when clients are out of town?
500
These run to a specific tax parcel number
What is Special Exceptions
500
The day the buyer assumes the loan
What is the consummation date?
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
500
The other half the escrow officer
What is their assistant?
500
Where you put client contact information
What is a Commission or Broker Demand?