0
What else can I help you with?
How does a family find land held in trust from their great great grandfather?
You would need a title examination performed by a professional. You should contact an attorney who specializes in real estate and probate law. They can arrange to have the title researched.You would need a title examination performed by a professional. You should contact an attorney who specializes in real estate and probate law. They can arrange to have the title researched.You would need a title examination performed by a professional. You should contact an attorney who specializes in real estate and probate law. They can arrange to have the title researched.You would need a title examination performed by a professional. You should contact an attorney who specializes in real estate and probate law. They can arrange to have the title researched.
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 courses are required to do title work and real estate closings?
This is a difficult question to answer because there are courses that are helpful but not "required". A person cannot just study to become a title examiner. Opportunity must meet preparation; the person who has studied the laws that affect conveyancing. Then you need to apprentice with an experienced title examiner or attorney. One of the most valuable courses to study for performing title examinations is probate law. You need to have a solid understanding of what happens to real property when someone dies. Other extremely helpful courses are title theory and trusts. You must also attend any legal "continuing education" seminars offered to local lawyers for any topics that relate to conveyancing and title examination. There are a million things you will eventually need to know. To become a title examiner or to assist in real estate closings you should attend a good paralegal program and become a certified paralegal. Paralegals represent their attorney at closings in some areas.
When is a title search not required for purchasing property?
A requirement for a title examination is usually triggered by financing. If the attorney who is representing the buyer must certify title to a lender then a title examination is required. However, any prudent buyer of real estate should have a comprehensive title examination performed to make certain the seller owns the property and there are no outstanding taxes, claims, liens and other encumbrances.
What states require surveys for mortgage loan closings?
Some states require surveys for mortgage loan closings, such as Texas, Florida, and New York. It is recommended to consult with a local real estate attorney or title company to determine the specific requirements in your state.
Caveat emptor applies to all real estate transactions in ca?
Yes. A buyer should always have a title examination performed by a professional and representation by an attorney who specializes in real estate law.
If a buyer does not have a title search done for a real estate purchase could he be in breech of contract?
He would be in breach only if he agreed in writing (in the contract) to pay for a title examination as a condition of the sale or transaction.
How do you confirm ownership of a property and determine if there are any liens or encumbrances?
You need to arrange to have a title examination performed by a professional.You need to arrange to have a title examination performed by a professional.You need to arrange to have a title examination performed by a professional.You need to arrange to have a title examination performed by a professional.
Is a deed a clear title?
Generally, a deed is not a guarantee of clear title. For recorded land, a title examination must be performed to ascertain if the title is clear. In registered land systems, a deed followed by a certificate of title should provide the grantee with a clear title to the property. In registered land systems any encumbrances should be listed on the certificate of title.
How do you find out what you are actually getting when you purchase a quitclaim deed?
Answer To determine the quantity of land and quality of title that will be conveyed by a quitclaim deed you must seek the help of a real estate attorney who will have a title examination performed by a professional.
DO you need a clear title before transfering the Deeds to a home?
The answer depends on the details. If the grantee, the person receiving title, must get approved for a mortgage then the lender will require a title examination and a clear title. If the transfer is going to a friend or family member with no consideration or is a cash deal, then the grantee may or may not arrange for a title examination. However, anyone taking title to real estate should have the title examined by a professional. They could be taking title to property with existing problems that will become their responsibility otherwise.
How do you get a mortgage search on a property?
A 'mortgage search' should be performed by a professional. The more formal term is a 'title examination'. A title examination performed by a professional will disclose any liens against the property and any defects in the title. More importantly, a professional examiner will know all the places to check for problems and will recognize legal problems that wouldn't be apparent to a non-professional.You can contact an attorney who specializes in real estate law and she/he can arrange to have the title examined. You could visit the local land records office and ask the staff to point out an experienced title examiner, introduce yourself and ask if they would perform a title exam for you. You could perform an internet search for 'title examiners' in your area for any professional association that lists examiners and their contact information. In Massachusetts we have MITEA.In any case, no one should purchase real estate without having the title carefully examined by a professional. The status report resulting from a title examination should always be reviewed by an attorney who specializes in real estate law..
