Fundamentals Of Title Insurance

Author: Gosdin James L 1951
ISBN: 9781627227018
Size: 28.83 MB
Format: PDF, Docs
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A broad yet thorough overview, this book explains the basic elements of title insurance and gives attorneys and real estate professionals the practical knowledge and tools to counsel and protect their clients.

The Fundamentals Of Listing And Selling Commercial Real Estate

Author: Loren K. Keim
Publisher: Loren Keim
ISBN: 0741443694
Size: 13.92 MB
Format: PDF, ePub, Mobi
View: 5238
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A title insurance company conducts a process called a title search to examine the
deeds or title to the property. Title searches also check with any government
office or recording office where liens may be filed against the property including
tax liens, mortgages, judgments, easements or any other encumbrance. Typical
offices investigated include the local Courthouse, the Recorder of Deeds Office,
the Prothonotary's Office, with all taxing authorities and anywhere else a lien or
defect in ...

Fundamentals Of Property Law

Author: Barlow Burke Jr.
Publisher: LexisNexis
ISBN: 0327176091
Size: 43.17 MB
Format: PDF
View: 6637
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title commitment, which is also called a title binder. The commitment is an offer to
issue a title insurance policy on the terms set forth in the commitment. The
commitment describes the current state of title to the land and the exceptions to
coverage that will be included in the insurance policy. Some exceptions are
unique to the property, such as outstanding mortgages, easements, and other
title encumbrances. Other exceptions are boilerplate, such as the possibility of a
subsequently ...

Washington Real Estate Fundamentals

Author: Kathryn J. Haupt
Publisher: Rockwell Publishing
ISBN: 9781887051262
Size: 27.90 MB
Format: PDF, Docs
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A deed that is outside the chain of title is called a wild deed. The general rule is
that a subsequent purchaser is not held to have constructive notice of a wild deed
. In the example, Cooper's title is unprotected against subsequent good faith
purchasers. Suppose Atwood were to fraudulently sell the same property to
another person, Dunn. A court could rule that Dunn has good title to the property,
not Cooper. Title Insurance Given the complexity of real property law and the
high cost of ...

Attorney S Guide To Business And Finance Fundamentals

Author: Robert W. Hamilton
Publisher: Aspen Publishers Online
ISBN: 0735560587
Size: 76.34 MB
Format: PDF, ePub, Mobi
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In smaller communities, a leading real estate lawyer may also own and operate a
title company. To obtain a current and accurate picture of the title of a tract without
incurring excessive search costs, one must use the services of a title company
that updates its records daily to reflect all documents filed in the public land
records. In most communities, title insurance is provided (written) by private
companies that assume the risk that there may be a defect in (cloud on) the title to
a property.

Real Estate Fundamentals

Author: Wade E. Gaddy
Publisher: Dearborn Real Estate
ISBN: 9780793164714
Size: 41.93 MB
Format: PDF, ePub
View: 3321
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Under the contract, the title insurance company provides for the defense of the
title at its own expense, as well as for the payment of any claims against the
property if the title proves to be defective. This is subject, of course, to the
conditions and stipulations of the policy itself. Like any other contract of insurance
, a title insurance policy contains the names of the insured parties and the
consideration (the premium, which is paid once for the life of the policy). The
maximum loss for which ...

Fundamentals Of Accounting Course 1

Author: Claudia B. Gilbertson
Publisher: Cengage Learning
ISBN: 1285694368
Size: 57.32 MB
Format: PDF, Mobi
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Adjusting Entry for Prepaid Insurance 3 4 ACCOUNT TITLE ADJUSTMENTS
DEBIT CREDIT 6 Prepaid Insurance (b) 15000 17 Insurance Expense (b) 15000
GENERAL DEBIT CREDIT 1 Adjusting Entries Debit 220--Jan. 31 Supplies
Expense 5 3 0 00 3 Supplies 5 3 0 00 4 31 Insurance Expense 1 5 0 00 5
Prepaid Insurance 1 5 0 00 Credit The information needed to journalize the
adjusting entry for prepaid ...

Understanding Ifrs Fundamentals

Author: Nandakumar Ankarath
Publisher: John Wiley & Sons
ISBN: 9780470525005
Size: 33.70 MB
Format: PDF, ePub
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Title insurance (i.e., insurance against the discovery of defects in title to land that
were not apparent when the insurance contract was written). In this case, the
insured event is the discovery of a defect in the title, not the defect itself. 10.
Travel assistance (i.e., compensation in cash or in kind to policyholders for losses
suffered while they are traveling). Paragraphs B6 and B7 discuss some contracts
of this kind. 11. Catastrophe bonds that provide for reduced payments of principal
, interest ...

Fundamentals Of Real Estate Appraisal

Author: William L. Ventolo
Publisher: Dearborn Real Estate
ISBN: 9780793142705
Size: 76.25 MB
Format: PDF, Mobi
View: 1537
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With the prevalence of title insurance to protect the buyer in the event that the title
turns out not to be good, this form of deed is becoming less common in most
states. In some areas of the country, the grant deed has replaced the warranty
deed as the most popular form of conveyance. Bargain and sale deed. A bargain
and sale deed contains no warranties against encumbrances; it only implies that
the grantor holds title and possession of the property, and thus, the grantee has
little ...