Sentences with phrase «transfer of title»

Have you directly or indirectly been obligated on any loan which resulted in foreclosure, transfer of title in lieu of foreclosure, or judgment?

An escrow closing marks the end point of the real estate transaction, and it represents the legal transfer of title from the seller to the buyer.

Please share experiences of large institutional lenders (not private loans or local credit unions) that have called loans due based solely on transfer of title.

An escrow closing marks the end point of the real estate transaction, and it represents the legal transfer of title from the seller to the buyer.

In some cases, you may have to go through the different papers by hand, noting the specific transfers of the title and any requirements that went along with it.

In the process however, be sure to speak to a lawyer and your financial institution to arrange for the proper transfer of title.

Under transfer of title students will go over foreclosures, short sales, auctions, as well as other ways to transfer title, and 1031 like - kind exchanges.

These costs will be payable at the lawyer in time of completion on the purchase agreement before funding of the mortgage and transfer of title from the seller to the buyer and possession.

Additionally, a unit owner is jointly and severally liable with the previous owner for all unpaid assessments that came due up to the time of transfer of title.

Common job duties listed on a Right Of Way Agent resume are conducting research, handling legal issues such as transfers of titles and deeds, initiating land acquisitions, preparing resolutions, and reporting to supervisors.

If an innocent home owner is defrauded through transfer of their title and the fraudster who then takes out a mortgage and takes off with the money, then the lender now bears the risk of loss.

The actual transfer of title and exchange of money (the «closing») doesn't usually take place until 30 to 45 days after the contract is agreed to and signed by both buyer and seller.

For everyday consumers the spread of distributed ledgers could mean instant access to deposited funds, as well as same - day transfer of titles and no more waiting at the DMV after buying a new car.

Legal Authority and Transfer of Title varies State by State and the borrower should consult with an attorney to understand how to do this in the most cost effective way while the borrower is living.

Through court action, a debt collector can gain authority to garnish wages or a bank account, or place a lien on a debtor's property, which effectively prevents transfer of title.

The legal work included the establishment of a special purpose vehicle to hold the interest of UAQ in the joint venture company, as well as the establishment of a mechanism to ensure transfer of title to freehold property, as well as succession.

Currently, this would be performed via a signed contract in multiple counterparts, a wire of funds from one bank to the bank of an escrow agent, the manual transfer of title, and finally the release of funds to another bank, with the whole process taking hours or days.

By providing for a future transfer of title, the parties had assumed the risk of possible, but unanticipated, events such as the former husband's future financial difficulties.

Use of smart contracts facilitates transfer of titles automatically, by means of tech rules once funds are transferred.

Real Estate Agents are critical for Pricing a home, advertising a home, negotiating the best terms for their client, contracts, transfer of title correctly, qualifying, disclosure, appraisal guidance, inspection notices, home warranty options, etc..

• The seller's deposit would be credited toward the commission • Commission would be payable upon transfer of title • Commission would be payable if the title didn't transfer based on any action or default of the buyer

May I humbly add that in the GTA market, there is an important element — high - rise condo's, where the «flipper» gets the key to the unit as an «occupant» several months before the actual transfer of title, and pays a robust «Occupancy Fee».

California charges real estate transfer taxes — taxes on the transfer of the title to real estate property.

Depending on the mechanism used, the exporting firm receives cash for its transfer of title to the leasing company and the delivery of the capital equipment to the buyer.

This is the grant of a license, not a transfer of title, and under this license you may not:

«In 2014, AICO in exercise of its right under the mining Act, applied to the ministry for the transfer of its title in the ML No. 2541 to the Dangote Group.

This is the grant of a license, not a transfer of title, and under this license you may not:

Urge congressional representatives to oppose the appointment of Ms. DeVos and remain vigilant for and argue against efforts to dismantle the Office of Civil Rights or the transfer of Title I funds

My mother passed away this passed January and Mo walked us step by step to handle the transfer of titles.

From Sony's eBook Store, Reader owners with a U.S. location can download and transfer any of these titles to their PRS - 505 or PRS - 700 Reader.

With Stamford HOME, you can get an interest - free loan of up to $ 20,000, payable at the end of 30 years or upon payoff of first mortgage, sale of property, or transfer of title.

The function of a title insurance company is to make sure your rights and interests to the property are clear, that transfer of title takes place efficiently and correctly, and that your interests as a homebuyer are fully protected.

Acceleration Clause Included in a mortgage, it allows the lender to demand early payment (sometimes in full) for certain reasons, such as defaulting on the loan, destruction of property, or transfer of title.

Acceleration Clause Allows the lender in a loan agreement to demand early payment (sometimes in full) for certain reasons, such as defaulting on the loan, destruction of property, or transfer of title.

It should state either that the earnest money will be refunded, or that it will be deducted from the purchase price, if the buyer shows up at the closing and cooperates in the transfer of title.

For these reasons, it is important that a home be inspected during construction by the buyer's representative whenever possible so that any reportable defects can be corrected before completion and transfer of title.

Budgeting for closing costs: Closing costs occur as part of the escrow or closing process used for approving a home loan and completing the sale and transfer of title to a home from sellers to buyers.

If a transfer of title occurred, the new owner usually obtains a title policy as well.