Sentences with phrase «encumbrances search»

PenFed will pay most closing costs associated with an equity line of credit (ELOC) which includes: credit report, flood certification, settlement / closing, property ownership and encumbrances search, recording, city / county taxes, state taxes, property search and quick close.

Not exact matches

A title search is performed to identify encumbrances and liens and any unsatisfied claims are addressed prior to closing.

This search will reveal the legal description, owner of record and any outstanding liens or encumbrances.

A title search is all that is usually done to reveal the existence of such encumbrances, and it is up to the buyer to determine whether he wants to purchase with the encumbrance, or what can be done to remove it.

Title Insurance: Title insurance protects a real estate owner or lender against any loss or damage they might experience because of liens, encumbrances, or defects in the title to the property, or the incorrectness of the related search.

GK Law will complete various title and off title searches, and ensure that their clients have secured the correct property, free and clear of liens and other encumbrances, and ensure that proper insurance for their residential or commercial property has been obtained.

The most common problems were: inadequate investigation of title; failing to identify and deal with all the mortgages and other encumbrances affecting the property, failing to undertake appropriate searches and inquiries or failing to advise on the results; and failing to advise co-purchaser clients on co-ownership options.

Title Insurance Title insurance protects a real estate owner or lender against any loss or damage they might experience because of liens, encumbrances, or defects in the title to the property, or the incorrectness of the related search.

A title search is all that is usually done to reveal the existence of such encumbrances.

Title Search - A detailed examination of the ownership documents to identify the owner and any liens or other encumbrances on the property.

Because the Parcel Register * reveals, as of the date of the search, who the legal homeowners are, the legal description of the property, the property identification number of the property, type of ownership, percentage of ownership, dates, registration numbers and amounts of registered encumbrances like liens, charges (mortgages), transfers and more...

Our primary title searches, ownership and encumbrances (mortgages, liens, etc) come back in about 2 days, along with any conditions required to insure title (signatures of missed heirs on previous transactions, liens to be cured, etc) which has included searches of all public records.

If your title search shows a mortgage or other encumbrance taken out at the time of purchase or later, it will need to be satisfied prior to you getting a warranty deed from that owner unless you also see a satisfaction of said encumbrance.

If a licensee is acting in these circumstances and has searched the title, it would be prudent for the licensee to draw to the seller's attention the existence of encumbrances which need to be cleared from title.

Settlement agents, including one submitting an ex parte submission, and trade associations representing settlement agents and the title insurance industry offered a number of other examples: closing costs unrelated to loan costs paid by or on behalf of the consumer; payments to discharge any defects, liens, encumbrances or other matters requiring curative action discovered during a title search or examination; any prorated or per diem amount where the underlying rate does not change; insurance fees; home warranties; lender reserves for taxes and insurance and amounts paid to a State or local government; recording costs and other fees incurred for the consumer's convenience, such as wire fees, notary fees, and endorsement fees; and changes due to consumer - seller negotiations or as a result of local custom or practice.

This insurance is split into a lender's policy and an owner's policy and is required for protection against future claims such as unpaid real property taxes, liens or other encumbrances that weren't discovered during the title history search.