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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

Lis Pendens

When you see lis pendens this will mean that litigation is pending and that there will be a judgment sometime soon concerning this property. This lis pendens will be seen in the preliminary title report and it is a cloud on the title. In most cases any lawyer will file a lis pendens when he or she is involved with a case that effect the title of a property in any way shape or form. In most cases a property cannot be sold while
there is such a cloud on it.

If you are the owner and you see a lis pendens on your property what you need to do is post a bond. If it turns out that the lis pendens should not have been filed at all then you could even have it expunged without ever having to post this bond.

A lis pendens will be in the preliminary report of the title along with any easements and other liens. You need to read this report from top to bottom in order to find out about the different liens and which ones need to be taken care of before closing.