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A Notary Is [url=http://www.accrh.fr]doudoune moncler[/url] The First Line Of Defense
This public official is the first line of defense against deed fraud [url=http://www.diecastlinks.co.uk]hollister outlet[/url] because most county recorders are legally unable to verify information on a deed or other related document. It is the responsibility of the notary to maintain their due diligence in verifying the identity of individuals signing purchase agreements and to be on the alert for individuals who are forced to sign articles against their will.
The reason for the trust placed in this public official is the rules that [url=http://www.pollinate.it/category/moncler-outlet-online/]moncler outlet online[/url] govern notary procedures. This individual is trained to require [url=http://www.chu-forex.fr/airjordan.php]nike air jordan pas cher[/url] that signers be in their presence when a document is being executed, as well as to know what [url=http://www.mxitcms.com/abercrombie/]abercrombie[/url] constitutes proper identification in their state and to make sure that signers show their identification before the notary affixes their stamp to a document. They are also responsible [url=http://www.tesangay.com/barbour.php]barbour deutschland[/url] for making sure the document is complete before notarizing it.
Title Insurance To Protect Against The Unforeseeable
Another must-have in fraud prevention for real estate transactions [url=http://www.montresidole.fr]doudoune moncler[/url] is title insurance. Before a title insurance company writes a policy, research is performed at the county recorder office to make sure that the chain-of-ownership has no discrepancies [url=http://www.tagverts.de/wellensteyn.php]www.tagverts.de/wellensteyn.php[/url] in it, as well as to make note of other encumbrances such as easement rights and liens that have been placed or removed from a property. Once the property has been cleared by [url=http://www.montresidole.fr/category/doudoune-moncler-france/]doudoune moncler france[/url] the title insurance company, it will write an insurance policy that protects against incorrect signatures on documents, forgery, fraud, defective recordings, and unrecorded encumbrances and judgments.
An Escrow Account To Safeguard Everyone's Interests
A final line of defense in a real estate transaction is escrow. Escrow is a term used for the depositing of funds, a signed deed, or other instrument by one party for the delivery to [url=http://www.muvilav.it]woolrich outlet online[/url] another party upon the completion of certain conditions or events. Entering into escrow provides all concerned parties the assurance that no funds or [url=http://www.batfriendtrust.it]scarpe hogan[/url] property will be exchanged until all of the instructions have been executed. In this way, escrow safeguards funds and or documents while title searches are underway or loan documents are [url=http://www.muvilav.it]woolrich sito ufficiale[/url] completed.

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Article Tags: Real Estate, Title Insurance
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