Ticor Title’s 2019 Rescission Calendar is now available. Here are some quick answers about a Rescission Period, according to the National Notary Association: What Is a Rescission Period? If a loan includes a rescission option, the borrower is given three (3) business days to cancel, beginning with the next business day following either the signingRead more
On November 15, 2018 the Financial Crimes Enforcement Network (FinCEN) updated the Geographic Targeting Order (GTO) which requires title companies to collect and report information about those involved in certain real estate transactions. Purchases of residential property by entities for $300,000 or more are subject to the reporting. WHEN ARE THE EFFECTIVE DATES? The extendedRead more
December is almost here and that means lots of holiday related events taking place all across Orange County! From tree lightings and boat parades, to live concerts and winter markets, there are lots of opportunities for gathering together with family and friends. However you choose to celebrate the season, we want to wish you HappyRead more
An Uninsured Deed is a deed that has not been examined or insured by a title company. Most common problems from Uninsured Deeds come form Quitclaim deeds between family members, especially husband and wife. When a person is added to title, there is a window of opportunity for matters against him or her to attachRead more
Deeds of Conveyance When you sell or buy real property, the transfer of that property is executed through a deed. A deed is basically a legal instrument that transfers ownership of the property to a new owner. Note, deeds are different than title- title is the ownership of rights to property (also known as anRead more
A Deed of Trust is essentially an agreement between a lender and a borrower to give the property to a neutral third party who will serve as a trustee. The trustee holds the property until the borrower pays off the debt. Deed of Trust or “Trust Deed”, is the document that secures a loan onRead more
Ticor Title is a member of the Fidelity National Financial family of companies and the nation’s largest group of title companies and title insurance underwriters – Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York – that collectively issue more title insurance policies than any other title companyRead more