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PRELIMINARY TITLE CERTIFICATE Georgia Department of Transportation Atlanta, Georgia RE:PROJECT NO.: PARCEL NO.: COUNTY: P.I. NO.: The undersigned, pursuant to your request, has caused a search to
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How to fill out preliminary title certificate

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How to fill out preliminary title certificate

01
To fill out a preliminary title certificate, follow these steps:
02
Begin by entering the name of the property owner at the top of the certificate.
03
Provide the full address of the property, including the street name, city, state, and zip code.
04
Identify the legal description of the property, which may include lot numbers, block numbers, or parcel numbers.
05
Include information about any liens or encumbrances on the property, such as mortgages, taxes, or easements.
06
Indicate the date of the certificate and the name of the person preparing it.
07
Finally, sign and date the certificate to validate its authenticity.

Who needs preliminary title certificate?

01
Several parties may require a preliminary title certificate, including:
02
- Homebuyers: Buyers often request a preliminary title certificate to ensure that the property they intend to purchase has a clear title and is free from any legal disputes or encumbrances.
03
- Lenders: Financial institutions providing mortgages or loans to buyers typically require a preliminary title certificate to assess the property's title and determine if it can be used as collateral.
04
- Real estate agents and attorneys: Professionals involved in real estate transactions may need a preliminary title certificate to perform due diligence and protect their clients' interests.
05
- Title insurance companies: These companies usually request a preliminary title certificate as part of their underwriting process to evaluate the property's insurability and determine if any title issues need to be resolved.
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A preliminary title certificate is a document that provides information about the title status of a property before a real estate transaction is completed. It helps identify any potential issues or claims against the property.
Typically, the buyer, seller, or their respective legal representatives are required to file the preliminary title certificate during the process of a real estate transaction.
To fill out a preliminary title certificate, one must provide essential information such as property details, ownership history, and any liens or encumbrances on the property. It often requires input from a title company or legal professional.
The purpose of the preliminary title certificate is to ensure clarity regarding the property's title, identify any potential issues, and facilitate a smoother real estate transaction by alerting parties to any claims or encumbrances.
The preliminary title certificate must report information such as the legal description of the property, current and past owners, any outstanding liens, claims, or encumbrances, and existing easements or restrictions.
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