Title Tip
Real estate topics took a back seat to big issues like the pandemic and power grid failures in 2021 with the Texas Legislature. Of the 3,800 bills enacted into law, real estate still got a little attention. Some of the welcome changes coming next week are due to lobbying efforts from the Texas Association of…
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Scams, fraud, breaches, and phishing are everyday concerns for today’s title companies. Financial and privacy threats continue to evolve in 2021 and increased with the pandemic. Not only do these cost the title company time and money, but they also create additional hurdles for buyers, sellers, brokers, agents, and lenders. Texas and California lead the…
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Ready to learn a lot about lots? Particularly about condominium parking lots and assigned spaces. Sometimes the purchaser of a condominium wants verification and a guarantee of the corresponding parking space that comes with their unit. This can be problematic because most condo owners don’t officially own their parking spaces or the title to them.…
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An increasing number of problems with cashier’s checks have some title companies revising their requirements for cashier’s checks and the delivery of funds needed to close a sale. Many title companies may now require buyers to wire money to them if the amount is substantial. Some have set the limit for cashier’s check at $5,000,…
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Let’s play an old-fashion game of 20 questions – the real estate version. In this guessing game, all the answers are supposed to be a simple yes or no. The challenge for most attorneys and escrow officers to answer just yes or no is because we are accustomed to elaborating on answers to allow for…
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