Category: Uncategorized

Texas Recording Fees Thank you for choosing Title Express, Inc. for your title needs. Please note that rates are subject to change depending on your jurisdiction. These expenses are charged for registering or recording either the sale or purchase of a piece of real estate. Our team encourages you to frequent this page to stay up to date on potential changes. Click Here for PDF

ABC’s of the Title Commitment The Commitment for Title Insurance is the preliminary document issued by the Title Company that contains the conditions and requirements under which a title policy may be insured. It is a state promulgated form and may only be revised as indicated in the rules and regulations promulgated by the State. The four “Schedules” or sections of the Commitment are shown below: Schedule A outlines the facts including: Effective date of commitment Name(s) of proposed insured(s) (Owner & Lender) Proposed amount of title insurance coverage Current record owner of the property Legal description of the property to be insured Tip:  Read Schedule A and confirm that all information is accurate including spelling and name abbreviations. The names should reflect the buyer’s legal name. Schedule B- Buyer Notification & Exceptions Schedule B outlines details that are specific to the property to be insured as well as exceptions to coverage that are not insured, including: Restrictions Taxes Easements Mineral Reservations/Leases Area and Survey Discrepancies Rights of others Tip:  Review Schedule B carefully as the items in this section can affect property use and access. Title objections must be submitted in writing according to the provisions of the contract.  Schedule C- Clear to Close  Schedule C of the Title Commitment identifies any items that must be resolved prior to closing such as: Liens Bankruptcies Marital Status Issues Probate Issues Entity/Trust Issues  Tip:  Read Schedule C and provide your Closer with information or assistance in resolving the items prior to closing. A title company is not permitted to provide legal counsel regarding the Title Commitment. If you have any legal questions, please refer to an attorney of your choice.  Schedule D- Disclosure  Schedule D is simply a disclosure of information about owners, directors, officers and underwriters required by Texas state rules and regulations. Additionally, it outlines title policy amounts.  Tip:  Reading and understanding the Title Commitment is paramount to the success of your closing.  This information is provided as a courtesy and does not cover the Title Commitment in its entirety. Please contact legal counsel for any legal advice.