AbstractorPro (Real Title Services)
Register
Log In
Forget your Password?

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


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] First American's New Background Check policy - Rita Killary/NY (21 replies)
2/19/2015 11:22:25 AM (3772 views)

[+] Knowledge Splice - WAYNE QUICK/NC (9 replies)
2/18/2015 10:45:08 AM (4338 views)

[+] Altisource - Kaylee Chappell/IN (10 replies)
2/18/2015 10:07:59 AM (2540 views)

[+] CoreLogic - Jim Ashley/WV (7 replies)
2/17/2015 2:50:01 PM (2760 views)

[+] U S Title Solutions - Jana Urban-Buzek/OH (8 replies)
2/16/2015 10:32:14 PM (2317 views)


Real Title Services


[+] Central Lending Services Direct - Wayne Brown/VA (8 replies)
2/16/2015 10:09:15 PM (2002 views)

[+] Ameristar - John Baker/OH (2 replies)
2/16/2015 9:48:33 AM (2118 views)

[+] Abstractor Worksheets - Jim Ashley/WV (4 replies)
2/14/2015 10:01:39 AM (3379 views)

[+] SIC / NAICS Code Question - John Pratt/IL (4 replies)
2/11/2015 1:46:43 PM (1786 views)

[+] Ameristar - John Baker/OH (6 replies)
2/11/2015 12:37:55 PM (2486 views)

Slow payers - R A/KY
2/11/2015 10:31:41 AM (1633 views)

[+] INDEPENDENT SETTLEMENT SERVICES - Heidi Gemeling/FL (1 reply)
2/10/2015 6:25:14 AM (2172 views)

[+] Corporate Settlement Solutions - Heidi Gemeling/FL (2 replies)
2/10/2015 6:09:47 AM (2136 views)

[+] search fees? - Christine Sheeler/PA (8 replies)
2/9/2015 9:12:33 AM (2688 views)

[-] Comment on "Title Searcher Liability to the Parties in a Real Estate Transaction" - Source of Title/OH (4 replies)
2/9/2015 8:53:06 AM (1880 views)
Title Searcher responsiblity to the parties in a real estate transaction - stephen willard/OH
2/9/2015 8:53:06 AM (1501 views)

As 95% or more of the people searching title here in Ohio are not attorneys, the non-attorney title examiner reports the information found in the respective county records to THE ATTORNEY or to the TITLE COMPANY who hired them. Here in Ohio, title examiners / searchers do not certifiy tilte to anybody regardless of who hired them to perfom a title search. Also, 99% of those search request also specify a certain time frame the title search is to cover. It is up to the attorney or the title company representative to review the hired and usually a sub-contracted title examiner / searcher's title search report and it's support courthouse copies to discover situations just like this in advance.

Oil and gas leases and the language contained in them and usually a number of assignments usually make it very difficult to determine who actually owns what type of rights, if any. Due to this point, our office reports the oil and gas document found of record and who the lessee is as it is shown on the document and the record reference where found. If there are marginal notations for assignments, we report as follows after the disclosure (WITH NUMEROUS MARGINAL NOTATIONS). We leave it up to the hiring attorney or title company to review the oil and gas lease document and whatever marginally notated documents to deteremine whatever interest owned and by what entity.  

There is an Ohio State Supreme court proven standard defended and successfully decided in the title examiner's / searcher's favor on just this matter. It is basically called "Privity of contract". In a nut shell this means only the hiring party can be entitled to damages against the sub-contracted title examiner / searcher who may or may not missed reporting a publicly recorded document and it's interest. This matter of law dates back to the early 1900's but was recently (Nov., 2002) reinforced by the Ohio State Supreme court.

Just curious, if the attorney had hired a "Kelly Girl" to type his legal documents and the attorney did not review those legal documents before presenting them to whomever, is the "Kelly Girl" herself responsible for any ommission on said document(s) or the Attorney? No title examiner / searcher cannot prevent from being sued, but we can do the best we can to prevail.  

 

to post a reply: login - or - register


Re: Title Searcher responsiblity to the parties in a real estate transaction - Slade Smith/OH
2/10/2015 9:39:10 PM (1788 views)
Re: Comment on "Title Searcher Liability to the Parties in a Real Estate Transaction" - R A/KY
2/11/2015 10:40:28 AM (1306 views)
Re: Comment on "Title Searcher Liability to the Parties in a Real Estate Transaction" - Victoria Moate/NJ
2/16/2015 11:39:49 AM (1286 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8917 listed companies.

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

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

Most Recent Blog Posts:

Unveiling the Costs: Why Commercial Title Searches Command a Premium
Security American's Blog
2024/04/17
0 comments

Protecting Your Home: The Ins and Outs of Deed Theft and How to Shield Yourself
Security American's Blog
2024/03/21
0 comments

Exploring the Implications of Eliminating Mandatory Title Insurance
Security American's Blog
2024/03/11
0 comments

Articles

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

Multifamily Developer Confidence Declines in First Quarter
“Multifamily developers are concerned about higher interest rates for construction and development loans and tight...
Mortgage Applications Increase in Latest MBA Weekly Survey
“Mortgage applications increased for the first time in three weeks, with refinances up 5 percent. Even with the in...
More Than 90% of Metro Areas Recorded Home Price Increases in First Quarter of 2024
"Astonishingly, greater than 90% of the country's metro areas experienced home price growth despite facing the highest m...
Real Estate Tech Leaders Discuss Transformative Impact of Artificial Intelligence
Jeff Allen, president of CubiCasa, said it is easier than ever to enhance media and outputs on listings. "This is where ...
NAR Chief Economist Lawrence Yun Predicts Falling Long-Term Interest Rates, Rising Existing-Home Sales in 2024
"How is it that home sales can be this low when we've got so many people living in this country?" asked Yun. "High mortg...

Search Articles:
browse...

Classifieds

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

© 2020, Source of Title.