By Lydia Blair
Special Contributor

A Title Plant is not a big factory that produces property titles. Nor is it a flowering bush used in real estate transactions.

A Title Plant – also called an Abstract Plant – is an operation used as the basis for delivering title insurance. The main focus is on historical records organized by county. The Texas Department of Insurance oversees title plants and states they “shall consist of fully indexed records showing all instruments of record affecting lands within the county.”

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By Lydia Blair
Special Contributor

I’d like to say there is no party in a PIP. But that’s not exactly true. Let’s just say there usually isn’t a fun party in a PIP.

In real estate, a PIP refers to Parties in Possession. And we’re not talking about a holiday party or drug possession. These kinds of parties in possession can be more agonizing than a New Year’s hangover.

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