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THE ESCROW ADVISOR March 2016 Issue Seventy ThreeUNDERSTANDING STATEMENTS OF INFORMATION What's in a name? When a title company seeks to uncover matters affecting title to real property, the answer
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Step 1: Gather all the necessary documents such as the purchase agreement, loan agreement, and any previous title insurance policies.
02
Step 2: Contact a reputable title company and provide them with the necessary documents.
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Step 3: Schedule an appointment with the title company to meet and discuss your requirements.
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Step 4: During the appointment, the title company will guide you through the process of filling out the necessary forms and documents.
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Step 5: Provide any additional information or documentation requested by the title company.
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Step 6: Review all the filled-out forms and documents for accuracy and completeness.
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Step 7: Sign the necessary documents in the presence of a notary or designated authority.
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Step 8: Pay any applicable fees or charges to the title company.
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Step 9: Wait for the title company to complete the necessary searches and verification processes.
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Step 10: Once the title company has completed their work, they will provide you with a title insurance policy or any other required documentation.

Who needs when a title company?

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Anyone who is involved in a real estate transaction may need to work with a title company. This includes home buyers, sellers, lenders, and real estate agents. Working with a title company helps ensure that the title to a property is clear and free of any liens or encumbrances, and it provides protection to all parties involved in the transaction.
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A title company is a company that specializes in examining and insuring titles to real estate.
Title companies are required to file certain documents and reports with the appropriate government authorities.
Title companies must follow specific guidelines and procedures when filling out documents related to title insurance.
The purpose of a title company is to ensure that the title to a property is legitimate and free of any defects.
Title companies must report information about the property, its owners, and any liens or encumbrances on the title.
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