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Aug 6th, 2022
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How to Search Affidavit Of Title

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(00:03): Hi everyone. And welcome to another episode of ask the attorney. My name is Blair Clark and I am here with Mr. David Sobel. David, how are you doing? (00:12): Im good. I like your hand motion. (00:15): These are my spirit fingers. If anybody ever watched any cheerleading movie from the early two thousands when I was in high school and watched those kinds of movies, thats where this comes from. Anyway. Anyway, we are on the second part of a two part series. If you have not seen the first part, go back and watch that video. We are answering questions regarding fisbos for sale by owners homes that you are selling by yourself without representation from a licensed realtor agent. So whether you are selling your home as just a general home seller, or you are also a real estate investor, then stay tuned to these next four questions that were going to ask. And then also watch that first video that we have with the first four set, because were, we, we are gearing it toward a coupl

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The information a property abstract can give you is important to have prior to making a purchase. It can assure you that a property has a clear title, free of any liens or claims, and that the person trying to sell you the home really is the current owner.
For example, an abstract of title could reveal that an ex-spouse of the seller, who isnt on the title, claims ownership of the property.
The physical item denoting a change of title is the deed. The abstract of title, on the other hand, is a document that summarizes the history of a specific parcel of property, from the transitions of title to legal activity.
af​fi​da​vit ˌa-fə-ˈdā-vət. : a sworn statement in writing made especially under oath or on affirmation before an authorized magistrate or officer compare deposition, examination.
In essence, the abstract of title is a chronological document that summarizes everything that has happened with the title of the property. It starts from the time the property was first recorded as owned and continues all the way to present day.
Color of title refers to a document or other instrument that appears to be a legitimate claim of title to a piece of land, but due to a title defect, cannot transfer or convey ownership.
An affidavit is a sworn statement put in writing. When you use an affidavit, youre claiming that the information within the document is true and correct to the best of your knowledge. Like taking an oath in court, an affidavit is only valid when you make it voluntarily and without any coercion.
Purchasing an abstract of title is not the same as purchasing title insurance. Reviewing an abstract of title provides a lot of important legal information regarding the property but it does not protect you after the purchase. On the other hand, title insurance is used to protect the purchaser against title issues.

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