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Understanding Your Title Report - Peter Zinkovetsky
From Avenue Law Firm - "Understanding Your Title Report" explains what a New York title report contains and how it can affect a real estate closing. The report draws from deeds, mortgages, court judgments, and municipal filings to identify the current record owner and issues that could affect the title, including liens, judgments, unreleased mortgages, and easements. Reviewing the report early gives buyers and their attorneys time to identify and address potential title issues before closing.
The discussion covers what a title report contains, how to read Schedule A and Schedule B before…
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