You want to buy or sell a property in Orlando, FL. But you need more information about title commitments. Why do they matter? Think of a title commitment as a detailed report card for the property’s title. It explains the terms a title company needs to issue title insurance. It also identifies any problems that … Title Commitments Demystified: What They Mean for Buyers and Sellers
When buying property, choosing how to hold the title is one of the most important decisions in Orlando, FL. Researching multiple ownership options is important. It affects taxes and inheritance. You should make this choice carefully based on your situation. Let’s Break Down The Most Common Options: Sole Ownership: Also called “sole proprietorship“, this option … How Should You Hold Title? Exploring Common Ownership Options
Buying or selling a home in Orlando, FL excites many people, but it also involves a lot of paperwork. If you have ever wondered why your transaction has a waiting period, the answer is TRID. TRID stands for the TILA-RESPA Integrated Disclosure rules. These rules aim to improve transparency and protect consumers. But what do … TRID Explained: What Buyers and Sellers Need to Know
When a property is part of an estate, the process of selling it can become complicated in Orlando, FL, causing title issues. Probate is the legal process for distributing a deceased person’s assets. Transferring ownership is important. Navigating these waters requires knowledge, patience, and the support of a reliable title company. Determining Legal Ownership The … Probate and Property Sales: Navigating Title Issues
You’ve found the perfect property in Orlando, FL, and are ready to close the deal. But lurking in the background might be a hidden threat to your investment: municipal liens. These can complicate ownership and lead to unexpected expenses if not addressed upfront. A municipal lien is a legal claim filed by a local government … Municipal Liens: What They Are and How They Affect Your Property Title
