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[+] Capitol Services, Austin, TX - Edward Ulric/SC (2 replies)
12/14/2013 7:43:46 AM (2564 views)

[+] First National Bank Looking for Courthouse Researchers - David Bloys/TX (3 replies)
12/12/2013 1:37:46 PM (5698 views)

Notice Relating to all City of Lynn foreclosure deed filings - Leigh Attridge/MA
12/11/2013 11:32:47 AM (1695 views)

[+] global data/ title prep - cynthia hoffman/PA (9 replies)
12/9/2013 5:04:24 PM (3732 views)

[+] reliable property reports - Joseph Kelley/MO (3 replies)
12/9/2013 12:09:36 PM (3298 views)




[+] Southeastern Title Services in Al - jane guiles/AL (1 reply)
12/5/2013 9:05:48 PM (3174 views)

[-] New requirements on 1 owner searches - Alix Ott/MI (20 replies)
12/5/2013 5:02:18 PM (2907 views)
Re: New requirements on 1 owner searches - Robert Franco/OH
12/6/2013 4:28:06 PM (3383 views)
Re: New requirements on 1 owner searches - Smitty Strickland/SC
12/9/2013 5:21:09 PM (2983 views)
Re: New requirements on 1 owner searches - martha campbell/VA
12/16/2013 6:34:41 AM (2906 views)
Re: New requirements on 1 owner searches - James Powell/MI
12/19/2013 3:00:11 PM (2781 views)
Re: New requirements on 1 owner searches - Alix Ott/MI
12/19/2013 4:08:23 PM (2894 views)
Re: New requirements on 1 owner searches - Nils Nelson/ME
12/19/2013 9:10:03 PM (2648 views)
Re: New requirements on 1 owner searches - James Powell/MI
12/20/2013 8:06:20 AM (2674 views)
Re: New requirements on 1 owner searches - Alix Ott/MI
12/20/2013 8:21:34 AM (2799 views)

"Educating clients" should not be my job, don't you think?  I absolutely have told them what a 1 order search is.  I'm sure my missive is in the realm of complaining, but I thought that's what this forum was for, to discuss issues, problems, offer insight, warn others of deadbeat clients, share general information to help in our business.

 

I have and always will make it clear that easements and restrictions are in the timeframe of the search.  It is on EVERY form and I know that my fellow abstractors not associated with my company do exactly the same thing.  That's not an issue.  A "full search" means different things to different clients, just like a "1 owner search" does.  I have some clients who will accept a QCD as a good starting point; most want a WD.  some want purchase money proof.  some clients want an 80 year search and they will so specify.  The vast majority want a 40 year search and I'm certain they have their own disclaimers on their commitments.

As for oil/gas, unless you are a Landman and in the industry, it's difficult to have a discussion.  The Big Dogs in o/g are not foolish to lease as quickly as they can.  When a company like Chesapeake moves into an area, they are quickly followed by many small companies nipping at their heels (which is why Landmen will rarely tell you who they are working for or where their work is concentrated).  The small companies will lease with almost NO research in order to secure the property, and then sell that lease -- at a profit -- to a heavy player.  No guarantee of rights is implied and it is up to the o/g company to make sure the person they're dealing with actually owns the mineral rights.  This is just the way it is done.  I spent a year living in a hotel in Pennsylvania doing o/g work and an education it was.  So different from the mortgage industry.

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Re: New requirements on 1 owner searches - Scott Perry/PA
12/21/2013 1:32:08 PM (2713 views)
Re: New requirements on 1 owner searches - george Hubka/MI
12/23/2013 11:26:04 PM (2671 views)
Re: New requirements on 1 owner searches - James Powell/MI
12/27/2013 1:15:32 PM (2638 views)
Re: New requirements on 1 owner searches - Marian Severance/PA
1/13/2014 11:57:06 AM (2556 views)
Re: New requirements on 1 owner searches - george Hubka/MI
12/23/2013 11:23:16 PM (2711 views)
Re: New requirements on 1 owner searches - James Powell/MI
12/27/2013 1:04:35 PM (2639 views)
Re: New requirements on 1 owner searches - Alix Ott/MI
12/27/2013 1:22:27 PM (2710 views)
Re: New requirements on 1 owner searches - James Powell/MI
12/30/2013 10:39:34 AM (2603 views)
Re: New requirements on 1 owner searches - Alix Ott/MI
12/30/2013 10:53:29 AM (2570 views)
Re: New requirements on 1 owner searches - James Powell/MI
1/8/2014 9:45:45 AM (2657 views)
Re: New requirements on 1 owner searches - Alix Ott/MI
1/8/2014 9:56:35 AM (2747 views)
Re: New requirements on 1 owner searches - James Powell/MI
1/10/2014 11:24:55 AM (2648 views)

[+] RELIABLE NH Abstractors Needed ASAP - K C/NJ (1 reply)
12/5/2013 12:54:23 PM (2589 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 (2254 views)

EasyDocs123.com - John Rawlings/WI
12/3/2013 2:47:27 PM (2036 views)

[+] Database for Title Reports - Smitty Strickland/SC (7 replies)
12/1/2013 6:15:05 PM (2681 views)

[+] Simplicity Settlements - Marian Severance/PA (4 replies)
12/1/2013 12:49:07 PM (2450 views)

[+] TTR Real Estate - Marian Severance/PA (1 reply)
12/1/2013 12:47:59 PM (2333 views)

VEL IT SOLUTION, INC. - Rita Killary/NY
11/29/2013 1:53:32 PM (2312 views)

[+] ProTitle - Ellen Maher/MI (33 replies)
11/27/2013 2:23:53 PM (2998 views)


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