Otherwise, the seller is liable as guaranteeing transfer of title free from any encumbrances.
Does the existence of such a "paper street" create an encumbrance that harms my title to the property by making the title unmarketable?... Jeb McAlester, Bronx.
Land Title Surveys focus on insuring title to a parcel and reference all encumbrances such as easements or improvements.
Beginning with the most recent, note the name of the owner of record, any liens associated with the property during that owner's tenure and evidence of any other types of encumbrances that would tend to cloud the title, such as an ongoing lawsuit involving heirs.
A land certificate is a certified copy of an entry in a land title system and provides proof of the ownership and of encumbrances on the land at that time.
All of which is to say that "Iron Man," in spite of the heavy encumbrances Tony must wear when he turns into the title character, is distinguished by light touches and grace notes.
Although the bankruptcy court had approved the sale, and the work was legally free of any claims or encumbrances, Christie's thought that buyers would feel more comfortable with title insurance.
Among the other conditions: completion of a title search to confirm that the parcels have no unacceptable liens or other encumbrances; satisfaction of California Environmental Quality Act requirements and zoning review; property acquisition standards and consistency with the city's General Plan; as well as the clean bill of health for contaminants and the appraisal.
A review of your title policy will clearly state that you are taking title to your home under the encumbrance of the Association.
In addition, to informing you on how the title is held, they will also be able to check the property for any encumbrances, or liens against the property.
The slight cost will be worthwhile because the title company will search the title to be sure there are no mortgages, liens or encumbrances.
