Monthly Archive: December 2014

New Transfer Tax Disclosure Requirement in California 0

New Transfer Tax Disclosure Requirement in California

Effective January 1, 2015 As of January 1, 2015, a new California law requires documentary transfer tax to be included on the face of a property deed.  It’s been common practice, in commercial real...

Understanding Statements of Information 0

Understanding Statements of Information

Understanding Statements of Information What is a Statement of Information? A Statement of Information is routinely requested from the buyer, seller, and borrower in a transaction where title insurance is sought. The completed form...

Sole and Co-Ownership 0

Sole and Co-Ownership

Sole and Co-Ownership Title to property in California may be held by individuals in Sole Ownership or in Co-Ownership. Co-Ownership of real property is when the title is held by two or more persons....

Preliminary Reports 0

Preliminary Reports

Are you aware of the issues that a Preliminary Report may bring up? If any of these items appear in the report, immediate action should be taken to prevent delays.   Notice of Action:...

Interim Binders 0

Interim Binders

Are you familiar with the interim binder? If not, this may be very valuable to you! The binder is designed for a special purpose and cannot be used in every real estate transaction. You...