Southern Land and Title
Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Consideration Clauses in Deeds

This article will discuss consideration clauses in deeds.  As it turns out, consideration are generally not required in deeds, and a deed unsupported by consideration is still generally valid.  But the consideration clauses do serve a purpose, and could possibly come into play in important ways, especially if there is a mistake in the deed itself or a mistake or fraud in the transaction in which the property has been conveyed.

NAILTA 2014 Conference Banner

reQuire Acquires Final Trac
reQuire, a lien release tracking and reporting service for the real estate settlement services sector, announced that it has completed the acquisition of Final Trac, LLC. Terms of the deal were not announced.
WGG National Title Announces Integration with ResWare Platform
WFG National Title Insurance Company has integrated its policy jackets with Adeptive’s ResWare platform, WFG has announced
Punctual Abstract
Homebuilders' Confidence in Market Highest Since 2005
Builder confidence in the market for newly built, single-family homes rose for a fourth consecutive month in September to a level of 59 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This latest four-point gain brings the index to its highest reading since November of 2005.
Quick links
City, HCW get $90M policies in Landing lawsuit
The city of Branson, Missouri and a development company have reached a settlement with title insurers in a long-standing, high-dollar title dispute
New suit alleging kickbacks should be "wake-up call" for brokers: analysts
A new federal court suit alleging kickback violations by one of the country's top-producing real estate sales teams raises an unsettling question for homebuyers.
Court abstractor accused of stealing records sentenced
A courthouse researcher charged with taking official records from the Columbia County Clerk of Superior Court's office last summer pleaded no contest to a trespassing charge and was sentenced to probation.
Florida Title Agent Arrested in Mortgage Fraud Scheme
A Melbourne, Florida Title Agent was arrested along with a Maryland CPA in a multi-million dollar mortgage fraud scheme.
Former San Fran Fed Employee Threatened To Murder Ex-FHFA Head Ed DeMarco
A high level executive at the FHFA, the regulator of Fannie Mae and Freddie Mac, is accused of threatening to kill the former head of the agency.
MBA Weekly Report: Application Volume Rises 7.9%
Mortgage applications increased 7.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 12, 2014.  The previous week’s results included an adjustment for the Labor Day holiday.
Court: Title Insurers Should Bear The Loss on Missed Liens in Refinances

The Supreme Court of Mississippi has struck two significant blows to refinance lenders who want to be placed automatically in the priority position of the lien they pay off when they are careless and miss an intervening lien.  But the biggest blow was delivered to title insurers.

How to Invest $100,000 and End Up with Absolutely Nothing

This week, we look at another case where an investor bought a property from a seller who did not hold title.  Once again, believing he owned it, the buyer fixed up the property.  And once again, the real owner later showed up and sought to assert its claim to title to the now improved property.  Only this time, because of one critical difference-- the lack of a title search, of course!-- the outcome was different, and even worse, for the investor.

How to Become Roommates with a Banker

A Washington case involving a title fraud by a third party has left a defrauded investor and a bank in an unusual position where they will become tenants in common in a property.

"That trust is really just me!"

Property owners who convey their property to a living trust or a business entity they own may inadvertently terminate their title insurance, and may be out of luck if a title claim arises.

On the Blogs

When is a lien not a lien?
CHARLENE PERRY's Blog
2014/08/28
1 comments

Third party vetting issue rears it's ugly head again
CHARLENE PERRY's Blog
2014/08/15
2 comments

Non Public Information and title agents
CHARLENE PERRY's Blog
2014/08/14
0 comments

Legacy
William Pattison 's Blog
2014/07/22
2 comments

Name Runs: A Brief Lesson
William Pattison 's Blog
2014/07/21
3 comments

Adding a blank 1st Page Cover Sheet to recordings- Maryland
CHARLENE PERRY's Blog
2014/07/07
4 comments

Are you a Digital Criminal?
William Pattison 's Blog
2014/06/06
0 comments

Privacy vs. the Public Record
William Pattison 's Blog
2014/05/30
3 comments

Punished for trying to fix a flawed mortgage
Slade Smith's Blog
2014/05/27
6 comments

Ohio's H.B. 201 Gets My Vote for Worst Bill of the Year
Source of Title Blog
2014/05/06
0 comments

Doc Hunters
Directory

The Source of Title Business directory has 8114 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

To get started, read our blog FAQ page.

Articles

Source of Title articles help to keep you informed on the state of the title industry.

Search Articles:
browse...

Forums

Source of Title's Forums are the place for title industry discussions.
Recent posts in the forums:



NAILTA
Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2007, Source of Title.