Summary: | Before the title to real estate is conveyed, a proper examination of the public records should be conducted to determine the true and actual property owners and the status (quality) of that ownership as to liens, encumbrances and other adverses. Because of the unique nature of every parcel and the variety of county public record systems, specific steps, procedures and forms have to be followed to complete this title search process. This course will thoroughly detail that process that includes property identification, accessing the public records, use of record indexing systems, establishing the chain of title, identification/status of adverses and preparation of the title search report. Included in this course will be the requirement that each participant demonstrate their title searching skills and report preparation on a designated property within the local jurisdiction.
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Learning Outcomes: | At the conclusion of this course, participants will be able to:
• List and complete the four key steps in the title search process.
• Properly identify the property to include legal descriptions, tax parcel numbers, tax mapping and instrument numbers.
• Construct an accurate chain of title by use of deed recitals, indexing systems or other references.
• Read, review and understand the various parts of a deed, the types of deeds and the recording requirements.
• Research and record any mortgages, liens, judgments, or other adverses found relating to the subject property of owners within the chain of title
• List and explain the various estates in land, limitations on ownership rights, forms of sole or concurrent ownership.
• Demonstrate at the local county records facilities the process of a title search, accessing and recording the necessary information, completion of the Form RW-918 and RW-918B and explaining one’s findings.
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Teaching Method: | Days One and Three of this Three Day class are classroom-based; Day Two involves field work at a local county courthouse.
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Target Audience: | Real Estate Specialists, Real Estate Technicians, and Right-of-Way Acquisition Consultants
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Final Exam: | Yes |
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