Attorney For Title Search In Chicago
Category:
State:
Multi-State
City:
Chicago
Control #:
US-00425
Format:
Word;
Rich Text
Instant download
Description
The Certificate of Title is a legal document used by attorneys conducting title searches in Chicago to verify ownership and any encumbrances on the property. This form is essential for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions. Key features include an examination of public records to certify title ownership, detailing any mortgages, liens, easements, and other encumbrances that may affect the property. Instructions for filling out the form emphasize the importance of accuracy when entering property details, ensuring completeness in reviewing public records, and disclosing any exceptions noted during the examination. It’s primarily used in real estate transactions to provide clarity on property ownership and potential liabilities. Attorneys must pay special attention to the legal verbiage and ensure that no significant details are omitted to protect clients effectively. Additionally, the form clarifies that it does not guarantee rights of possession or other undisclosed matters arising from an on-site inspection.
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