Lawyer Formal Title In Franklin

• Category: Real Estate - Certificates
• State: Multi-State
• County: Franklin
• Control #: US-00425
• Format: Word; Rich Text

Description

The Certificate of Title form is a crucial document utilized by lawyers in Franklin to certify that they have meticulously reviewed public records related to a specific parcel of land. It establishes the current ownership of the property based on a thorough search of the Land Records, Judgment Recorder, and Tax Assessor's offices. The form details the history of the title, starting with a good deed from at least thirty-two years prior, outlining any claims such as mortgages, easements, and liens that may affect the property. It is particularly important for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions. Users must fill in pertinent information including the property description, current owner's name, and date of the Warranty Deed. Legal professionals should ensure they do not certify certain matters, such as rights of parties in possession or issues arising from improperly indexed instruments, which might require an on-site inspection. This form helps mitigate risks associated with property titles, facilitating smoother transactions between buyers and sellers. Accompanying the form, the examining attorney's signature and contact address must also be included for verification purposes, emphasizing the form's legal significance.