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How to Search Affidavit Of Title

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In this episode of "Ask the Attorney," hosts Blair Clark and David Sobel continue their two-part series focused on "For Sale By Owner" (FSBO) homes. They welcome viewers and encourage those who haven't seen the first part to do so. The discussion centers on answering key questions for homeowners selling without a licensed realtor. The video aims to provide valuable insights for both general home sellers and real estate investors, with four additional questions to be addressed in this segment. Viewers are encouraged to engage with the material to better navigate the FSBO process.

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Why is a property abstract important?

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.

What is an example of abstract of title?

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.

What is title vs deed vs abstract?

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.

What is Alpha David?

affidavit 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.

What is the title abstract?

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.

What is color of title?

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.

What is the purpose of an affidavit?

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.

What is the difference between an abstract and title insurance?

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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