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	Escrow & Title Escrow Protected after escrow? Condominiums as rentals? Common Ways To Hold Title Direct deeding is useful Escrow is open Comparing escrow fees Learn about contingencies Prepare for Escrow closing Prorations it pertains to rent Real estate taxes pro-rated Real property vs. personal property Real Estate Mathematics The hidden cost of closing Utility bills and escrow escrow agents have to report? Walk Through Inspection   Title 1031 reverse exchange 1031- Avoid capital gains tax ALTA Policy CLTA Policy Community property tates Creating a trust Clouds on a title Do condos need title insurance? Deed Deed of Reconveyance Dealing with boundary disputes Easements Exceptions in title insurance How much is title insurance? Lis Pendens Mortgages vs. deeds of trust Not married? Joint tenants? Proposed zoning change Preliminary Title Report Quitclaim deeds Statement of Opinion Title Insurance Title insurance and builders Your closing date-Who chooses? Why you should have title insurance Who pays for what Fees in Escrow Utility bills and escrow When escrow closes some of your expenses will be pro-rated, this is done in order to make the paying of the expenses as fair as possible. By having expenses pro-rated each party in the sale will pay their share of the expenses and this is determined primarily by the amount of time each of the parties, the buyer and the seller, owned the house or property in question. Not all expenses are pro-rated but some of the ones that are, are the interest, the property taxes, maintenance dues, rent, and any insurance premiums that may be due. If no one was to pay these expenses they could turn into liens on the property and this is something that you want to avoid for obvious reasons. Unfortunately utility bills come in a persons name and they are not directly connected to the property itself. In most states these bills will never turn into a lien but you will find that in some states they can. Other bills like water, sewer and propane charges will most likely become liens on the property so it is best that you learns the rules and the laws of your state and county. Your escrow agent will go over everything very carefully to make sure that everything is taken care of and he or she should be able to tell you the status of any bills. If there is money owing this money, or at least some of it, will be pro-rated in escrow at the closing of the deal. Your best bet is to give your escrow agent all of the documentation he or she will need to learn about what is owed and what is not. This will help you to avoid any mix ups and disagreements down the road.