The undersigned has examined
the record title on the
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County records.
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(and municipal tax and assessment records if within a municipality) for the period shown
below relative to title to the real property described below, and gives the following
opinion of status:
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Owner(s):
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Interest or estate:
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Property Description:
(or attach copy of legal description)
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Subject to the uninitialed STANDARD EXCEPTIONS on reverse side hereof.
Also subject to the following SPECIAL INFORMATION AND EXCEPTIONS:
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Taxes:
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1. Ad valorem taxes are paid through and including those for the year:
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2. Taxes now due and payable:
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3. Taxes, a lien, deferred or otherwise, but not yet due and payable:
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4. Special levies or assessments now due or payable in future installments:
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5. Estate or inheritance taxes:
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Restrictive Covenants:
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(Attach copy)
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1. Book
, Page .
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2. Restrictive covenants DO NOT contain a reversionary or forfeiture clause
unless indicated otherwise herein.
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3. Building Setback Line(s) of
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feet from front;
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feet from side;
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feet from side street;
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feet from rear.
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4. Easements/Other matters:
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Survey and Inspections Report?
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If yes please forward, if no please provide at closing
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Recorded Plat?
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1. Book
, Page .
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2. Building Setback Line(s) of
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feet from front;
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feet from side;
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feet from side street;
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feet from rear.
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Access to Public Right of Way?
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(If private easement, forward copy)
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If over a private easement, has a search been made of adjoining property on which easement
crosses?
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Property Occupied By:
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Updating from Previous Title
Insurance Policy?
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Fidelity Policy #:
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(Forward copy if prior is with another title company)
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If "Yes", has a search of the public records regarding the owner(s)
of the property on and after the date been accomplished?
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Other Easements, Liens, Deeds of Trust, Objections or Defects:
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D/T to Trustee for:
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,
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in the amount of $
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,
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recorded in Book
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, Page ,
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County Registry.
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(To be
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)
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D/T to Trustee for:
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,
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in the amount of $
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,
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recorded in Book
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, Page,
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County Registry.
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(To be
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)
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Judgment in favor of:
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,
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in the principal amount of $
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,
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dated
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,
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docketed in Book
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, Page,
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Office of Clerk of Superior Court of:
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County.
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This judgment will be paid or released at closing.
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General service and utility easements.
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The improvements presently located on the land consist of a mobile home.
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Other:
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This opinion of title is for the parties to whom it is furnished, is not transferable,
and may not be used by any other person or entity without the prior written
consent of the undersigned.
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The Search Period was from:
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To:
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At:
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.
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Telephone:
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Address:
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By:
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, Attorney
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TITLE INSURANCE APPLICATION
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1. Owner’s Insurance:
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(purchase price/value)
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(a) Insured:
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(purchase price/value)
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*
(b) Use of Property:
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2. Mortgage Insurance:
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(loan amount)
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(a) Insured:
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(b) Lender’s Address:
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Fax:
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(c) Loan funds fully disbursed at closing:
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*
(d) Loan is:
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(e) The following Standard ALTA Endorsements are requested:
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3. Policy Type:
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4. If Enhanced Short Form: (Improved residential property only)
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(a) Loan Number:
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(b) Property’s Street Address:
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(c) Closing Date:
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(d) ProForma binder sent to:
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5. Routing Instructions:
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(a) Original Binder needed:
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(Fax #:
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)
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(b) Fax additional copies to:
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(c) Insured Closing Letter needed:
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If "Yes", send copy to
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(Fax #:
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)
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STANDARD EXCEPTIONS
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The attorney should initial any exceptions that are to be eliminated
on the line to the left of the exception.
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1. Interest or claims not disclosed by public records, including but not limited to:
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(a) Unrecorded Mechanics’ or Materialsmen’s liens. (Liens may be filed by persons
or entities furnishing labor or materials to any improvements of real property within
120 days from the last day of performance and will upon perfection relate in priority
to the first day of performance as a valid lien on real property.)
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(b) Unrecorded leases. (Under North Carolina law, parties in possession of the premises
under a verbal or unrecorded lease of three years or less duration may remain in
possession under terms of tenancy.)
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(c) Matters that may defeat or impair title which do not appear on the record.
(Evidence revealing missing heirs, forgeries, etc. may not be on the public
records, but such facts if properly established may impair or defeat what appears
to be a good title on the record.)
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(d) Taxes, special assessments and other governmental charges that are not shown as
existing liens by the public records. (Governmental charges may be made for acreage
fees, tap-on fees, cost of weed cutting, demolition of condemned buildings and other
matters that are not shown as existing liens on the property by the public records.)
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(e) Unlisted personal property taxes. (If discovered, such taxes and any penalties may
be assessed as a lien on the subject property.)
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2. Matters occurring prior to and subsequent to the inclusive dates of examination.
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3. Matters which would be revealed by a review of the public records regarding the
proposed purchaser/borrower, who is not a current owner of the property.
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4. Any inaccuracies and discrepancies which an accurate survey of the property may
disclose. (A survey, if procured from a competent surveyor or civil engineer,
will normally determine whether improvements lie within the boundaries of the property,
whether existing utility lines, roads or other easements cross the premises, and whether
there are any encroachments.)
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5. Security interests that may have attached to fixtures on the subject property as
provided in Article 9 of the Uniform Commercial Code of North Carolina.
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6. Compliance with any local, county, state or federal government law or regulation
relative to environment, zoning, subdivision, occupancy, use, construction or
development of the subject property.
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7. Federal judgments, liens, and proceedings filed only in the Federal Court.
(Upon the filing of a petition in Bankruptcy, title to real property vests in the
Trustee in Bankruptcy and notice thereof is not always required to be filed in the County
in which the Bankrupt owns property; federal condemnation proceedings may vest
property in the federal government and notice thereof is not required to be recorded
among the County records.)
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8. Civil actions where no notice of lis pendens against subject property appears of record.
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Note: The matters included in Standard Exceptions Number One (1) above set forth are
items that cannot be checked. Standard Exceptions numbered 2, 3, 4, 5, 6, 7, and 8 are
not included in a normal search of the County records during examination of title. Upon
special request, additional investigation may be made, and Standard Exceptions numbered
2, 3, 4, 5, 6, 7, and 8 can be eliminated. Any such elimination is evidenced by the
initialing of such exception in the left margin by the attorney.
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FNT-Preliminary (7/02)
For Use in North Carolina
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Send File Attachment:
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*Must be less than 1MB
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Which preliminary does attachment refer to?
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*
Your Name:
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*
Email Address:
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*
Send this form to:
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