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[+] Fee insult - Smitty Strickland/SC (5 replies)
12/15/2013 2:37:26 PM (2441 views)

[+] Capitol Services, Austin, TX - Edward Ulric/SC (2 replies)
12/14/2013 7:43:46 AM (2116 views)

[+] First National Bank Looking for Courthouse Researchers - David Bloys/TX (3 replies)
12/12/2013 1:37:46 PM (5272 views)

Notice Relating to all City of Lynn foreclosure deed filings - Leigh Attridge/MA
12/11/2013 11:32:47 AM (1435 views)

[+] global data/ title prep - cynthia hoffman/PA (9 replies)
12/9/2013 5:04:24 PM (3373 views)


Real Title Services


[+] reliable property reports - Joseph Kelley/MO (3 replies)
12/9/2013 12:09:36 PM (2915 views)

[+] Southeastern Title Services in Al - jane guiles/AL (1 reply)
12/5/2013 9:05:48 PM (2834 views)

[-] New requirements on 1 owner searches - Alix Ott/MI (20 replies)
12/5/2013 5:02:18 PM (2571 views)
Re: New requirements on 1 owner searches - Robert Franco/OH
12/6/2013 4:28:06 PM (2432 views)
Re: New requirements on 1 owner searches - Smitty Strickland/SC
12/9/2013 5:21:09 PM (2021 views)
Re: New requirements on 1 owner searches - martha campbell/VA
12/16/2013 6:34:41 AM (1934 views)
Re: New requirements on 1 owner searches - James Powell/MI
12/19/2013 3:00:11 PM (1845 views)
Re: New requirements on 1 owner searches - Alix Ott/MI
12/19/2013 4:08:23 PM (1966 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 (1723 views)
Re: New requirements on 1 owner searches - James Powell/MI
12/20/2013 8:06:20 AM (1748 views)
Re: New requirements on 1 owner searches - Alix Ott/MI
12/20/2013 8:21:34 AM (1838 views)
Re: New requirements on 1 owner searches - Scott Perry/PA
12/21/2013 1:32:08 PM (1785 views)
Re: New requirements on 1 owner searches - george Hubka/MI
12/23/2013 11:26:04 PM (1767 views)
Re: New requirements on 1 owner searches - James Powell/MI
12/27/2013 1:15:32 PM (1658 views)
Re: New requirements on 1 owner searches - Marian Severance/PA
1/13/2014 11:57:06 AM (1588 views)
Re: New requirements on 1 owner searches - george Hubka/MI
12/23/2013 11:23:16 PM (1795 views)
Re: New requirements on 1 owner searches - James Powell/MI
12/27/2013 1:04:35 PM (1680 views)
Re: New requirements on 1 owner searches - Alix Ott/MI
12/27/2013 1:22:27 PM (1747 views)
Re: New requirements on 1 owner searches - James Powell/MI
12/30/2013 10:39:34 AM (1632 views)
Re: New requirements on 1 owner searches - Alix Ott/MI
12/30/2013 10:53:29 AM (1659 views)
Re: New requirements on 1 owner searches - James Powell/MI
1/8/2014 9:45:45 AM (1680 views)
Re: New requirements on 1 owner searches - Alix Ott/MI
1/8/2014 9:56:35 AM (1747 views)
Re: New requirements on 1 owner searches - James Powell/MI
1/10/2014 11:24:55 AM (1692 views)

[+] RELIABLE NH Abstractors Needed ASAP - K C/NJ (1 reply)
12/5/2013 12:54:23 PM (2192 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 (1914 views)

EasyDocs123.com - John Rawlings/WI
12/3/2013 2:47:27 PM (1821 views)

[+] Database for Title Reports - Smitty Strickland/SC (7 replies)
12/1/2013 6:15:05 PM (2304 views)

[+] Simplicity Settlements - Marian Severance/PA (4 replies)
12/1/2013 12:49:07 PM (2041 views)

[+] TTR Real Estate - Marian Severance/PA (1 reply)
12/1/2013 12:47:59 PM (1975 views)

VEL IT SOLUTION, INC. - Rita Killary/NY
11/29/2013 1:53:32 PM (2067 views)


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