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There ought to be a law................

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T.P. Stephens
(@tp-stephens)
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that says that title co.s are required to provide legible copies of all documents indentified within the preliminary report and again with the final policy. Not just if requested, but for sure every time to the client's who pay, and not less than 10 days before closing is scheduled.

Realtors are masters at not insuring all info is disclosed to the buyer, no different than the title co.s. Any cost of a survey to disclose any and all facts to the buyer BEFORE closing is certainly not worth the risk of no closing to the realtor and the title insurer and the bank. A quicky sketch for a few hundred will do just swimmingly and we will just thriple that cost on the closing charges. Good deal for the title co.s and realtors and bankers. Bad risk shifted to the buyer without his awareness.

That is a consumer law all surveyors should demand and lobby for.


 
Posted : August 20, 2012 5:43 pm
Norman_Oklahoma
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The originals are in the custody of the county clerk, not the title company. For older records what the title company has is derived from the same 50 year old spools of microfilm that are available in the county clerks office. The originals are stowed in some vault somewhere - I hope - and getting at those takes papal dispensation.


 
Posted : August 20, 2012 9:15 pm
spledeus
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AND attorneys should list all encumbrances on a deed so we don't have to search high and low for them all...


 
Posted : August 20, 2012 10:58 pm