title report


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title report

n. the written analysis of the status of title to real property, including a property description, names of titleholders and how title is held (joint tenancy, etc.), tax rate, encumbrances (mortgages, liens, deeds of trusts, recorded judgments), and real property taxes due. A title report made when the report is ordered is called a "preliminary report," or a "prelim," and at time of recording an up-to-date report is issued which is the final title report. The history of the title is called an "abstract." A title report is prepared by a title company, an abstractor, attorney, or an escrow company, depending on local practice. Normally a title report's accuracy is insured by title insurance which will require the insurance company to either correct any error or pay damages resulting from a "cloud on title," encumbrance or title flaw in the title which was not reported. (See: title, cloud on title, title insurance, abstract)

References in periodicals archive ?
The company added that the proposed transaction is subject to standard conditions that include, but are not limited to, execution of a definitive farm-out agreement and receipt of final title report.
In case if we go to a bank to obtain a loan pledging the land, usually banks will ask for Title Report.
The title report will identify other parties-in-interest, such as mortgagees, lienors, and other encumbrancers.
iProduction's newsletter clients include The Title Report, The Daily Record, Washington Business Information Inc.
The county title report said the cemetery could hold up to 260 graves.
Review all documents referred to in a preliminary title report or abstract of title - not just the descriptions of what your property includes, but also any documents covering gravel, mineral, timber, water, and other resource rights.
research, preliminary title report (ptr), corner records or survey, site investigation, base map preparation, which may include mapping tentative parcel maps or tentative maps.
CFLA offers the only product in the industry like it, for all of the Attorneys that are filing a Quiet Title, A Preliminary Title Report is now available for your proceedings.
When handling a short sale it is incumbent on all parties to carefully examine the approval letter and if the name on the letterhead doesn't match the lender of record in the title report to ask the servicer to provide the necessary additional documentation.
DeGarmo said the defendants gave Xu a preliminary title report, which she signed.
The title services being requested include the completion of a comprehensive title report for each property as more fully explained in the Scope of Work contained in the attachment.
One of the first pitfalls to closing is the lack of attention to the title report.