answersLogoWhite

0


Best Answer
User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is difference between marketable title and insurable title?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Marketing

What is an real estate agent?

They arrange for title searches to verify ownership and for meetings between buyers and sellers.They also assist sellers in marketing their property and selling it for the highest possible price under the best terms.


What is a title examiner customer relations skill?

Customer relations skills that benefit a title examiner include the following:The ability to explain complicated title problems so the supervising attorney can understand the problem and take the necessary steps to address it.The ability to be flexible when a client has an unexpected emergency.The strength of purpose to place a high value on their work and not lower their fee for people who request a bulk discount or a flat fee.The self control to get the title exams completed quickly so that the examiner is available for unexpected title requests.The ability to shut a client off who has several outstanding bills for title services.Customer relations skills that benefit a title examiner include the following: The ability to explain complicated title problems so the supervising attorney can understand the problem and take the necessary steps to address it.The ability to be flexible when a client has an unexpected emergency.The strength of purpose to place a high value on their work and not lower their fee for people who request a bulk discount or a flat fee.The self control to get the title exams completed quickly so that the examiner is available for unexpected title requests.The ability to shut a client off who has several outstanding bills for title services.Customer relations skills that benefit a title examiner include the following: The ability to explain complicated title problems so the supervising attorney can understand the problem and take the necessary steps to address it.The ability to be flexible when a client has an unexpected emergency.The strength of purpose to place a high value on their work and not lower their fee for people who request a bulk discount or a flat fee.The self control to get the title exams completed quickly so that the examiner is available for unexpected title requests.The ability to shut a client off who has several outstanding bills for title services.Customer relations skills that benefit a title examiner include the following: The ability to explain complicated title problems so the supervising attorney can understand the problem and take the necessary steps to address it.The ability to be flexible when a client has an unexpected emergency.The strength of purpose to place a high value on their work and not lower their fee for people who request a bulk discount or a flat fee.The self control to get the title exams completed quickly so that the examiner is available for unexpected title requests.The ability to shut a client off who has several outstanding bills for title services.


What is a good title for a furniture store newsletter?

On the Move!


What are duties of a title company?

A title company helps sellers transfer titles and they help buyers take possession of titles. They are responsible for making sure the sale proceeds in a legal way and do a lot of the paperwork.


What does REO stand for in real estate?

REO stands for 'real estate owned'. It is the term used to describe property that is in the possession of a lender by virtue of a foreclosure. That means the foreclosure has already taken place, the bank has the title to the property and the bank can sell it. When purchasing REO property is is extremely important to have the title examined by a professional title examiner and the title certified by a competent attorney . Many lenders, to save money, have only the present owner checked at the time of the foreclosure. Due to the professional laxity in purchasing and mortgaging real estate over the past 10-15 years REO properties are fraught with title defects and undisclosed liens and encumbrances that occurred during prior ownerships. Also, many title insurance companies have been "insuring over" defects rather than resolving them. You need to know if there are any title defects on the property prior to purchase. The only way to protect your investment is to have an attorney who is a real estate specialist represent you if you decide to purchase REO property.

Related questions

What is acceptable evidence of a marketable title in real estate?

A title examination that shows no title defects or other encumbrances, and, title to be in the seller is acceptable evidence of marketable title.


What is the difference between equitable title and legal title?

distinction between legal and equitable title


Does switching a car title do anything to car insurance?

Only to the extent that the person must have an insurable interest in the car. If I transferred title to you on my car I can no longer insure it since I have no insurable interest in the car. If you transferred title to your child who still lives at home you could continue to insure it.


What is the difference between a header and a title on a report?

what is the difference between titles and headings in general.


How many years must pass before marketable title can be claimed from a Tax Deed in Florida?

In order to be able to sell or mortgage the property you need to bring a Quiet Title action in the appropriate court. The decree will bar any future claims against the property and make it insurable. You can review a good discussion of the procedure at the link below. As mentioned above a quiet title will make void and nullify inferior liens and encumbrances but superior encumbrances will stand regardless of filing the quiet title action. After acquisition of a tax deed in Florida there are basically three options. 1. Sell your interest in the property via Quit Claim Deed without insurable/marketable title. 2. File your quiet title action and after being favorably adjudged in the Civil Court of which the property lies, you can then convey the property free of inferior liens but any superior liens will need be satisfied and those parties of interest should be acknowledged and paid prior to filing. 3. Do not file your quiet title action, hold your interest in the property for 4 years, pay off the superior encumbrance/lien holders and make sure you pay all dues, taxes associated with the property during that time. This in essence will purge the title of those inferior parties of interest holding an interest. In accordance to the general underwriting practices you will have insurable title.


Can a married couple be dependents on parents auto insurance plan?

If they live in the home with the parents and the parents have an insurable interest in the cars (ie they are still on title) then generally yes. It is not a case of dependent but of insurable interest.


What is the difference between a person's title and surname?

Both are the same.


What is the difference between website title and article title?

Theres really no difference if your doing a bibliography i suggest just skipping the website title and put S.A for same as article.


Is there a difference between iPod and MP3?

nope just has the title ipod


What is a good title for this project?

the difference grow between soil and sand


What is meant by curing title?

this means there are problems with a title preventing it from being marketable to add additional proof of ownership negating those problems would cure the problem


What is the difference between Alan Shearer and Newcastle?

Shearer won the league title.