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[+] First National Bank Looking for Courthouse Researchers - David Bloys/TX (3 replies)
12/12/2013 1:37:46 PM (5183 views)

Notice Relating to all City of Lynn foreclosure deed filings - Leigh Attridge/MA
12/11/2013 11:32:47 AM (1377 views)

[+] global data/ title prep - cynthia hoffman/PA (9 replies)
12/9/2013 5:04:24 PM (3296 views)

[+] reliable property reports - Joseph Kelley/MO (3 replies)
12/9/2013 12:09:36 PM (2819 views)

[+] Southeastern Title Services in Al - jane guiles/AL (1 reply)
12/5/2013 9:05:48 PM (2753 views)


Real Title Services


[-] New requirements on 1 owner searches - Alix Ott/MI (20 replies)
12/5/2013 5:02:18 PM (2506 views)
Re: New requirements on 1 owner searches - Robert Franco/OH
12/6/2013 4:28:06 PM (2219 views)
Re: New requirements on 1 owner searches - Smitty Strickland/SC
12/9/2013 5:21:09 PM (1779 views)
Re: New requirements on 1 owner searches - martha campbell/VA
12/16/2013 6:34:41 AM (1701 views)
Re: New requirements on 1 owner searches - James Powell/MI
12/19/2013 3:00:11 PM (1624 views)
Re: New requirements on 1 owner searches - Alix Ott/MI
12/19/2013 4:08:23 PM (1729 views)

You are speaking from the perspective of a title company, not an abstractor in this case.  We do not know what searches we complete become a policy or a refi report.  We can ASSUME if we're working for a title company that a full search will end up in a commitment, but even then they would not request a THIRTY year search but a FORTY by Michigan Statute.  Our 1 owner searches -- for which we charge accordingly -- are back to a good WD into the current owner and forward.  We don't search for easements beyond the timeframe of the search.  Are they refi's?  Of course they are.  But even then, we are doing what the client tells us to do and it is their responsibility to order what they want.  My issue is that they expect a 1 owner search AND easements, which are not one and the same for a 1 owner price.  If they want a full search, we'll happily provide same, which will include the easements within the timeframe of the search (and we all know that most power and phone easements went in place in the 1920's and 30's so even a full search doesn't pick them up).

 

Searching oil/gas leases and reporting same is leading the client to believe that the person holding the lease actually owns the rights.  This may not be the case as Landmen do not do a thorough search for rights until payment on the lease and/or drilling begins.  Many a time we had Buyers on our team make an agreement -- and even record -- leases, only to find later that the surface owner wasn't the owner of the minerals.  There is an out clause in those cases and the lease becomes null and void.  Meanwhile, an undereducated title company is going to make assumptions where they shouldn't.

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Re: New requirements on 1 owner searches - Nils Nelson/ME
12/19/2013 9:10:03 PM (1478 views)
Re: New requirements on 1 owner searches - James Powell/MI
12/20/2013 8:06:20 AM (1511 views)
Re: New requirements on 1 owner searches - Alix Ott/MI
12/20/2013 8:21:34 AM (1611 views)
Re: New requirements on 1 owner searches - Scott Perry/PA
12/21/2013 1:32:08 PM (1578 views)
Re: New requirements on 1 owner searches - george Hubka/MI
12/23/2013 11:26:04 PM (1540 views)
Re: New requirements on 1 owner searches - James Powell/MI
12/27/2013 1:15:32 PM (1406 views)
Re: New requirements on 1 owner searches - Marian Severance/PA
1/13/2014 11:57:06 AM (1353 views)
Re: New requirements on 1 owner searches - george Hubka/MI
12/23/2013 11:23:16 PM (1567 views)
Re: New requirements on 1 owner searches - James Powell/MI
12/27/2013 1:04:35 PM (1451 views)
Re: New requirements on 1 owner searches - Alix Ott/MI
12/27/2013 1:22:27 PM (1479 views)
Re: New requirements on 1 owner searches - James Powell/MI
12/30/2013 10:39:34 AM (1400 views)
Re: New requirements on 1 owner searches - Alix Ott/MI
12/30/2013 10:53:29 AM (1434 views)
Re: New requirements on 1 owner searches - James Powell/MI
1/8/2014 9:45:45 AM (1447 views)
Re: New requirements on 1 owner searches - Alix Ott/MI
1/8/2014 9:56:35 AM (1529 views)
Re: New requirements on 1 owner searches - James Powell/MI
1/10/2014 11:24:55 AM (1464 views)

[+] RELIABLE NH Abstractors Needed ASAP - K C/NJ (1 reply)
12/5/2013 12:54:23 PM (2128 views)

[+] Comment on "Federal Appeals Court Issues Decision in Carter v. Welles Bowen" - Source of Title/OH (5 replies)
12/4/2013 10:31:59 AM (1819 views)

EasyDocs123.com - John Rawlings/WI
12/3/2013 2:47:27 PM (1768 views)

[+] Database for Title Reports - Smitty Strickland/SC (7 replies)
12/1/2013 6:15:05 PM (2241 views)

[+] Simplicity Settlements - Marian Severance/PA (4 replies)
12/1/2013 12:49:07 PM (1970 views)

[+] TTR Real Estate - Marian Severance/PA (1 reply)
12/1/2013 12:47:59 PM (1917 views)

VEL IT SOLUTION, INC. - Rita Killary/NY
11/29/2013 1:53:32 PM (2004 views)

[+] ProTitle - Ellen Maher/MI (33 replies)
11/27/2013 2:23:53 PM (2514 views)

Mind blowing.... well maybe not? - Nils Nelson/ME
11/26/2013 2:22:56 PM (3089 views)


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