Definitions for "Preliminary Title Report"
Related Terms:
Title commitment, Title report, Title company, Certificate of title, Back title letter, Title examination, Preliminary report, Opinion of title, Title search or examination, Owner's title policy, Abstract of title, Title search, Examination of title, Transfer deed, Escritura, Title insurance company, Affidavit of title, Deed, Deeds, Defective title, Title abstract, Torrens system, Torrens title, Statement of information, Bill of sale, Title insurance binder, Title deed, Unmarketable title, Evidence of title, General warranty deed, Transfer deeds, Requisitions on title, Title insurance, Owner's title insurance, Title deeds, Nota simple, Owners policy, Warranty deed, Exception, Unrecorded deed, Chain of title, Deed of gift, Title policy, Quitclaim deed, Owner's policy, Title binder, Grant deed, Title plant, Defect of record, Quit claim deed
The title report that discloses all liens on a property and the legal description of the subject property.
A report indicating the present condition of the title and indicating the conditions upon which title insurance will be issued. Also known as a "prelim".
A report of the condition of title before a sale or loan transaction, including the commitment to issue a title insurance policy in a certain manner after completion of the transaction.
an offer by a title insurance company to issue a policy of title insurance
A report regarding the current condition of the title, made by the title company before issuing a title policy.
A report generated by a title search company for the purpose of determining if a real property has "clear" title or if there are recorded encumbrances, judgements, labor liens, etc.,that would affect the salability of the property.
A report prepared by a title company that shows the state of the title to a property that will be the basis for issuing a title insurance policy.
The results of a title search by a title company prior to issuing a title binder or commitment to insure clear title.
summary of all interests involved in a property's ownership, that is issued prior to the completion of a sale or loan transaction.
Shows present ownership, liens, and easements on a property prior to a sale or loan transaction.
A report showing the condition of title to real property that is given prior to a sale or loan transaction. The preliminary title report shows the condition of title but does not insure the condition of title.
Generated by a Title Company as a review of liens, encumbrances, ownership, and taxes on a property. Normally done in preparation for a sale transaction. Large space Tenants may request a title report to confirm various property information, rather than relying on Owner.
A report from a title company of the present condition of title made prior to the issuance of a title policy.
A report showing all current claims against a property before a sale or loan transaction and identifying those items that must be removed to obtain a 1st lien position. After completion of the transaction, a title insurance policy is issued.
A report made by a title company stating whether there are any other claims to ownership of a property. It is a necessary step before a mortgage loan can be approved.
A report showing the condition of title before a sale or loan transaction. After completion of the transaction, a title insurance policy is issued.
A report issued by a title insurance company, or its agent, committing the title insurance company to issue the form of policy designated in the commitment upon compliance with and satisfaction of requirements set forth in the commitment.
A report on the condition of title of a property, issued by a title company, for the buyer's approval.
A title search by a title company prior to issuance of a title binder or commitment to insure, required during the processing of a loan.
A report prepared by a title company to show the state of the title to a property, as the basis for issuing a title insurance policy.
A report prepared prior to an actual title insurance policy being issued; it is typically ordered by the escrow agent and shows the details of recorded documents having an effect on title.