Sole ownership - may be described as ownership by an individual or other entity capable of acquiring title. Examples of common vesting cases of sole ownership are below: A Single Man/Woman - A man or woman who is not legally married or in a domestic partnership. For example: Bruce Buyer, a single man. An Unmarried Man/Woman - A man or woman who is not legally married or in a domestic Continue Reading
How To Read a Preliminary Title Report
A preliminary title report is issued before an actual title policy and is designed to assist in the issuance of a final title policy by detailing the conditions involved. Once an offer is accepted escrow will be opened and a title search is done and matters relevant to coverage for that property are assembled in a report. The preliminary report is then sent to the applicant and contains a list of Continue Reading
