Fred has just finished examining a title search abstract and is preparing the title report. Describe what he should include in the report. Assume his jurisdiction issues title insurance

What will be an ideal response?


Fred's title report should include a legal description of the real estate, a description of how the seller
acquired ownership and anything that impacts that ownership. He should also list any items that might affect
the ability to give good title to the buyer. His report will also serve as a binder for title insurance.

Legal Studies & Paralegal

You might also like to view...

__________ is indirect evidence that is offered to establish, by inference, the likelihood of a fact that is in question

a. Direct evidence b. Relevant evidence c. Circumstantial evidence d. Evidence

Legal Studies & Paralegal

Which of the following is NOT a free online source for finding federal statutes?

A) Cornell B) Findlaw C) Westlaw D) Government Printing Office

Legal Studies & Paralegal

An ethical violation by a paralegal which results in a lawsuit can become common knowledge in the local legal community

Indicate whether the statement is true or false

Legal Studies & Paralegal

A ____ is commonly used when a deed is necessary to cure a defect in the chain of title or when the grantor is not sure whether his title is good or bad.

a. bargain and sale deed b. special warranty deed c. bill of sale d. quitclaim deed

Legal Studies & Paralegal