Welcome to Behind the Deed: Mastering Title & ALTA Essentials! Join us for an exciting in-person event at People's Trust Realty Inc. where you'll learn all about the ins and outs of title and ALTA essentials. Get ready to dive deep into the world of property titles and discover the key essentials you need to know. Don't miss out on this opportunity to master the intricacies behind the deed! See you there!
Get answers to burning questions like...
- What items need to be satisfied before the title insurance policy can be issued (e.g., release of liens, payment of taxes, etc.)?
- What are the exceptions?:Are there any exceptions to the title insurance policy that could impact your ownership or use of the property (e.g., easements, encroachments, etc.)?
- Review Exceptions Carefully:Do you understand the potential impact of each exception listed? Are there any exceptions you are unwilling to accept or that you need to address before closing?
- Survey Exceptions:Does the title commitment include any exceptions that a survey would have revealed? If so, consider ordering a survey to verify property lines and improvements.
3. General Questions:
- Accuracy: Are there any errors or omissions in the title commitment that need to be corrected?
- Coverage: What risks are covered and not covered by the title insurance policy?
- Clarity: Do you understand all the terms and conditions of the title commitment? If not, ask for clarification.
- Validity: How long is the title commitment valid for?
