Contract Deadline: Record Title Objection DeadlineContract To Close: TitleUltimate Nomad ChecklistWeek 13
If we wrote that in your "Contract to Buy and Sell Real Estate" this would be the time to notify your Real Estate Broker and Title Insurance Company how you plan to take title to the property.
Your Real Estate Broker may need to create an "Amend/Extend" to modify the "Contract to Buy and Sell Real Estate" to make this change.
If you selected how you plan to take title before writing the offer and it is correctly reflected in the "Contract to Buy and Sell Real Estate", you do not need to do anything with this task.
Contract Deadline: Record Title Objection DeadlineUltimate Nomad ChecklistWeek 9
IMPORTANT NOTE: Your Real Estate Broker is not a Title Attorney nor are they trained to interpret Title Work. You should not rely on them to review your Title Work for you. If you have questions about the Title Work, the first questions should be directed to the people providing it to you: the Title Insurance Company. They will be
selling/providing you with a Title Insurance Policy and if you have questions about what that covers and does not cover, asking them first is a great idea.
If you still have questions after talking to your Title Insurance Company, the next person to speak with is your own Title Attorney who has received training and specializes in the unique legal aspects of Title Work.
Contract Deadline: Record Title Objection DeadlineUltimate Nomad ChecklistWeek 9
If you still have questions after talking to your Title Insurance Company, the next person to speak with is your own Title Attorney who has received training and specializes in the unique legal aspects of Title Work.
Contract Deadline: Record Title Objection DeadlineUltimate Nomad ChecklistWeek 9
Review Title Work and highlight any sections you have questions about. Write down your questions.
IMPORTANT NOTE: Real Estate Brokers do not receive training on how to interpret Title Work so while they may be able to answer very basic questions, they are not competent to answer questions about the Title Work itself. For that, you will rely on getting info from the Title Company that is providing the Title Insurance and/or by hiring your own Title Attorney who is educated on Title Work.
You may want to meet with your Title Attorney and/or Title Company to ask questions about it.
If there is something in the Title Work that is unacceptable to you, let your Real Estate Broker know as soon as possible and definitely before the Record Title Objection Deadline.
Mark this task done once you've reviewed your Title Work.
Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 61Week 9
If after talking to your Title Insurance Company, you still have questions, please talk to your Title Attorney.
Mark this task done once you've reviewed your Title Work.
Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 61Week 9
You can ask your Real Estate Broker for a recommendation.
Mark this task complete once you've decided on a Title Attorney to use.
Contract Deadline: Record Title Objection DeadlineDream TeamDream Team - Pre-ClosingOptionalUltimate Nomad ChecklistWeek 9
If after talking to your Title Insurance Company, you still have questions, please talk to your Title Attorney.
Mark this task done once you've reviewed your Title Work.
Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 61Week 9
Mark this task done once you've objected or if you don't plan to object to Title Work.
Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9
Your choices are either to object and see what they offer as a possible resolution or if you are 100% certain that nothing would resolve it, you can terminate.
If you'd like to object, your Real Estate Broker would prepare a "Title-Related Objection Notice".
If you'd like to terminate, your Real Estate Broker would prepare a "Notice to Terminate" and "Earnest Money Release".
Mark this task done once you've objected or if you don't plan to object to Title Work.
Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9
Sign it via DocuSign prior to your Record Title Objection Deadline to protect your Earnest Money.
Mark this task done when complete.
Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9
Your choices are either to object and see what they offer as a possible resolution or if you are 100% certain that nothing would resolve it, you can terminate.
If you'd like to object, your Real Estate Broker would prepare a "Title-Related Objection Notice".
If you'd like to terminate, your Real Estate Broker would prepare a "Notice to Terminate" and "Earnest Money Release".
Mark this task done once you've objected or if you don't plan to object to Title Work.
Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9
Sign it via DocuSign prior to your Record Title Objection Deadline to protect your Earnest Money.
Mark this task done when complete.
Contract Deadline: Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9