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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

Dealing with boundary disputes

When you finally get your deed into your hands you will see that the boundaries of your property are on it. This is important because you need to know where your
property begins and someone else's ends before you do any building on the property, even your fence.

You should have gotten a survey done when you purchased the property this survey alone should be able to clear up any boundary disputes that may arise. If the last time this type of thing was done was a very long time ago you may find that the boundaries as they were recorded were not accurate. Old inaccurate property descriptions are quite common.

Another alternative to getting a new survey done is to get a judge to decide where the boundaries are. You would have to file a title lawsuit in order to do this. This will cost you more money because of the filing fees that will be required. Your best bet is to try to work out any disputes about boundaries with your neighbor. Between the two of you, you could come to a good arrangement where you both agree upon a boundary that you are happy with. You can then get a quitclaim deed.

If you see that your neighbor is using your land and you want them to stop you need to let them know how you feel right away. By letting your neighbor build without objection you could use the right to your own land.

There is a good chance that if you had to get a mortgage for your purchase that the lending institution asked for a survey to be done. Learning the boundaries of your property can save you all kinds of trouble down the road.