HOUSTON REAL ESTATE TRANSACTION ATTORNEYS
Serving Clients in Houston, West Houston, Southwest Houston, Sugar Land, Katy, Copperfield, Memorial, Spring, Northwest Houston, Northchase, Spring Cypress, Champion Forest, The Woodlands, Kingwood, Humble, Lake Houston, Midtown, Memorial, West Oaks, Royal Oaks, Clear Lake, League City, Westchase Business District, Harris County, and Galveston County.
PRELIMINARY TITLE REPORT & TITLE INSURANCE POLICY
Houston Real Estate Closing Attorneys
In order to effectively eliminate or reduce your risks in purchasing real property, the Houston Title Insurance Attorneys and the Houston Real Estate Transaction Lawyers at the Law Offices of Steven Tuan Pham will assist you in reviewing the preliminary title report prior to closing. Besides the real estate commercial – improved property contract or a residential contract, the preliminary title report is one of the most important documents which Buyers must carefully review before closing. Working with our Houston Real Estate Attorneys, you will be able to resolve matters that could potentially cloud the title of your property in the future.
So, what is a preliminary title report? A preliminary title report is a document that is prepared by the title insurance company prior to issuing a title insurance policy. The preliminary title report shows the ownership, any defects, liens, easements, covenants and/or deed restrictions and encumbrances that would not be covered under a subsequent title insurance policy. The report enables Buyers and the real estate attorneys to review matters affecting the interested property that will be excluded from coverage unless such issues are eliminated before closing. Any liens, encumbrances, or defects will be noted on the preliminary title report as “exceptions.” Those exceptions are matters that will not be covered under the title policy and will potentially cloud your title unless they are resolved.
The West Houston title insurance lawyers and our Northchase Real Estate Transaction Attorneys at Veritas will assist you in identifying such issue and represent you in negotiating with the Seller to resolve any defect so that you will have a clear title of the property. To avoid any potential title problem, please contact our Houston Real Estate Attorneys at 713-517-6645.
The information above is NOT intended to replace a personal consultation with our Houston Real Estate Transaction Lawyers and our Spring Houston Real Estate Litigation Attorneys. Readers should not construe the information as a consultation. There may be other legal issues based on the specific fact of each case. Every case is unique and our Houston Real Estate Transaction Attorneys and our North Houston Real Estate Litigation Lawyers need to review the facts and circumstances of each individual case in order to provide a meaningful personal consultation. Please feel free to give us a call at 713-517-6645 or complete our Contact Form.