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	Escrow & Title Preliminary Title Report 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 Prior to issuance of a policy of title insurance, the insurer issues a preliminary title report. This report is designed to provide an interim response to an application for title insurance. It is also intended to facilitate the issuance of a particular type of policy. The preliminary report identifies the title to the estate or interest in the prescribed land. It also contains a list of the defects, liens, encumbrances, and restrictions that would be excluded from coverage of the requested policy were to be issued as of the date of the report. A licensee often will obtain a copy of preliminary report in order to discuss the matters set fourth in it with his or her clients. Thus, a preliminary report provides the opportunity to seek the removal of items referenced in the report that are unacceptable to the prospective insured. Such arrangements can be made with the assistance of the escrow office. Title reports include the maintenance and collection of title records (known as the title plant), the searching and examination of the records, and the under writing standards if each title insurance company. The preliminary title report does not necessarily show the conditions of the title, it merely reports the current vesting of title and the items the title company will exclude from coverage of the policy should be issued later.