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Obtain
a title search, evaluate the status of title, require appropriate
legal remedies to clear defects, prepare or review the closing
statement and other closing documents, and inform you about
any stipulations that affect your interests. |
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Interpret and counsel you about
all legal documents related to the title and transaction, including
deeds, mortgages, and closing statements. |
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Require
a bill of sale to transfer any personal property that is to
be included in the sale. |
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Advise you of how title should be
taken and how this affects your overall business and personal
estate. |
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As required, investigate zoning
ordinances and other governmental use restrictions. |
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Relate the income, estate and gift
tax consequences to your estate. |
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Check
for unrecorded municipal liens, including sewer and special
assessment liens. |
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Advise you on what the title policy
does not protect against, with emphasis on insurability and marketability. |
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Explain
the property tax structure. |
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Explain any lender problems that
may result from unmarketability. |
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