This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
Virginia Title Curative
Category:
State:
Multi-State
Control #:
US-OG-836
Format:
Word;
Rich Text
Instant download
Description
How to fill out Title Curative?
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FAQ
The title and the property cannot be legally transferred until the title defect is resolved. The titleholder must take care of all and any issues. For example, if there are tax liens on the property, the homeowner must pay off outstanding taxes before going through with the sale.
The Cost of Title Searches in Virginia Type of SearchCost30-Year Search (Residential)$175.00Title Update$40.00Deed Search$35.00Commercial O&E Report$250.002 more rows
Clear title is title that has no defects. It is title unencumbered by liens, encroachments, or other impediments that would cut short or curtail the complete and reasonable enjoyment of the entire property.
A Quiet Title action is a cause of action in Virginia and North Carolina whereby someone is requesting the Court to declare rightful, legal property ownership of a piece of real property. A quiet title action is a legal cause of action used to resolve disputes and establish a clear and marketable title to a property.
For example, a title defect could be an undisclosed heir of a previous owner suddenly appearing to make an ownership claim on your land. An encumbrance is a claim made upon the land by someone other than an alleged landowner.
What Is Title Curative? Title curative is the phrase used to describe several processes used to remedy, or ?cure? a defective title. It applies to ambiguous or erroneous real estate documents and instruments.
Curative or therapeutic care refers in part to treatments and therapies provided to a patient with the goal of curing an illness or condition. The terms are also used for treatments that delay disease progression even when a cure is not possible.
A Virginia special warranty deed allows the transfer of property ownership with the guarantee that it is free of liens and encumbrances during the grantor's period only. Any claims made before the grantor's ownership period are the responsibility of the grantee (if any exist).
