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How to fill out the Title Opinion online
Completing a Title Opinion is a crucial step for stakeholders involved in federally funded airport improvement projects. This guide will walk you through the essential components of the form, ensuring you navigate it with confidence and accuracy.
Follow the steps to fill out the Title Opinion form online effectively.
- Click ‘Get Form’ button to access the Title Opinion document and open it in your preferred online editor.
- Begin by entering the date at the top of the document, ensuring it reflects the current date or the date relevant for the opinion.
- Provide the recipient's name and organization, ensuring accuracy in their title and affiliation, as this establishes the recipient of the opinion.
- In the section address, include the full legal description of the land owned. Make sure the description is precise and complete to avoid any ambiguity.
- Specify the date of your title finding and confirm the type of title, explicitly stating 'fee simple' title to clarify ownership status.
- List any encumbrances impacting the property, such as easements or mortgages. Describe each encumbrance in detail so the reader understands any limitations on the property.
- Evaluate each encumbrance and clarify which ones do not interfere with the use of the property for airport purposes, supporting transparency in the title opinion.
- Identify any pertinent leases or agreements on the airport property that may influence the sponsor's rights or control over the airport operations.
- If applicable, include information about any avigation easements or other property interests, ensuring to tie them back to the specific tracts listed in the attached exhibit.
- Conclude by reiterating your findings about the title quality and offer to answer any questions, ensuring to include your name and professional title at the end.
- Once all fields are completed, review the document for accuracy, save your changes, and then proceed to download, print, or share the Title Opinion as needed.
Start completing your Title Opinion online today for a streamlined document management experience.
A title opinion is the written opinion of an attorney, based on the attorney's title search into a property, describing the current ownership rights in the property, as well as the actions that must be taken to make the stated ownership rights marketable.
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