Title searches

Your best friend just found out that you know how to do title searches. They plan to buy a home and will hire you to do the title search for the new home they have chosen. They are curious about how much work is required to find out whether the title on the home is clear or not. Write a formal letter to your friend explaining all the details that are required for a title search. Include in your letter a separate paragraph for each of the following: Explain why a title search is necessary Explain the three steps of a title search Explains the definitions of: title search, title abstract, good title, title insurance Explains how far back in number of years you will search (research this on-line for your state) Explain where you will look to find out if there are any: encumbrances restrictions covenants easements mortgages judgments liens on the property Confirm that you are able to do the work for them        

Sample Solution