home
***
CD-ROM
|
disk
|
FTP
|
other
***
search
/
ASP Advantage 1993
/
The Association of Shareware Professionals Advantage CD-ROM 1993.iso
/
files
/
writions
/
pcfms2
/
titles01.lex
< prev
next >
Wrap
Text File
|
1991-08-13
|
8KB
|
182 lines
.FT L----!----!----!----!----!----!----!----!----!----!----!----!---R
.TX1 ************** INTRODUCTION TO TITLE OPINION ***************
{TODAY_DATE}
{CLIENT_TITLE} {CLIENT_FNAME} {CLIENT_LNAME}
{CLIENT_ADDR1}
{CLIENT_ADDR2}
{CLIENT_CITY/ST/ZIP}
Subject: Title Opinion Concerning:
.FT -------------------------L--------------------------------------R
{PPTY_DESCRIPTION}
.FT L----!----!----!----!----!----!----!----!----!----!----!----!---R
Dear {CLIENT_TITLE} {CLIENT_LNAME}:
At your request, I have examined the following Abstracts of Title on
the above-described property, as follows:
ABSTRACT NUMBER: CERTIFIED THROUGH:
.FT -----L-----------------------!----------------------------------R
{ABSTRACT1_NO_&_CERT}
{ABSTRACT2_NO_&_CERT}
{ABSTRACT3_NO_&_CERT}
{ABSTRACT4_NO_&_CERT}
{ABSTRACT5_NO_&_CERT}
.TX2 ****** ADDITIONAL ABSTRACT NUMBERS AND CERTIFICATION *******
.FT -----L-----------------------!----------------------------------R
{!ABSTRACT_NO_&_CERT}
.TX3 *********** GENERAL CAVEATS REGARDING OPINION **************
which was last certified by {ABSTRACT_COMPANY} of {ABSTRACT_CO_CITY}.
From my examination, I find title to {SURFACE_ONLY} said property as
of the date of the Abstracter's Final Certificate vested in {OWNER},
subject to the following:
{!PNO}. This opinion does not cover boundary disputes, encroachments
or uses not of record. You should satisfy yourself relating to
these matters by having a registered professional surveyor or
engineer determine the actual boundaries and location of all
improvements, or at a minimum, you should determine these matters
by your own personal investigation. If someone, other than the
record owners, is in possession of this property, you should
inquire as to what rights they are claiming.
{!PNO}. In the event the property is improved, you should satisfy
yourself as to whether there are unpaid labor or material bills
incurred within the last four (4) months which might give rise
to a lien on the property. If any such unpaid obligations exist,
and a lien is filed of record, you will take title subject to
that lien.
{!PNO}. It is suggested that you obtain adequate insurance on any
improvements before the transfer of title to you.
{!PNO}. The Abstract and this opinion do not cover any instruments
filed only under the Uniform Commercial Code of Oklahoma.
.TX4 ********** EXCEPTION PARAGRAPH FOR TITLE OPINION ***********
{!PNO}. Appearing at Entry {!EXCPTN_ENTRY} of Abstract of Title
{!EXCPTN_ABS} certified through {!EXCPTN_DATE} at {!EXCPTN_TIME},
{?EXCPTN_DESCRIPTION}.
REQUIREMENT: {?EXCPTN_REQUIREMENT}
.TX5 ***** NO MECHANICS LIENS, JUDGMENTS, OR TAXES DUE **********
{!PNO}. The final Abstract Certificate reflects that presently
there are no effective mechanic's liens or judgments on file in
the Office of the County Clerk of {COUNTY_NAME} County, Oklahoma,
and that there are no ad valorem taxes due and owing. The abstract
examined does not cover unmatured installments of any special
assessments, the payment for which may subsequently become a lien
upon the property. Special assessments normally would include
improvements such as streets, sewer lines, water drainage, water
district assessments and other special improvements of a similar
nature. You should satisfy yourself that there are no unmatured
special improvement assessments levied against the property. This
may be done by checking with the County Treasurer or by having the
abstracter issue a special certificate covering unmatured special
assessments.
.TX6 ******** NO EASEMENTS OR RIGHTS OF WAY OF RECORD ***********
{!PNO}. There appear to be no easements or rights-of-way of
record by which this property is burdened.
.TX7 **** EASEMENTS AND RIGHTS OF WAY OF RECORD HEADING *********
{!PNO}. There appear to be the following easements and rights-of-
way of record contained in the Abstracts examined which may affect
your intended use of the property. Those easements and rights-of-
way are as follows:
.TX8 ********** EASEMENT OR RIGHT-OF-WAY DESCRIPTION ************
{!SUBPNO}. Appearing at Entry {!EASMNT_ENTRY} of Abstract of
Title {!EASMNT_ABS} certified through {!EASMNT_DATE} at {!EASMNT_TIME},
{!EASMNT_DESCRIPTION}.
.TX9 ********* GENERAL REQUIREMENT RELATING TO EASEMENTS ********
REQUIREMENT: You are advised that any title to the surface of
the property is subject to all of the above easements. You should
review each of the easements in detail and determine whether, or
not, your intended use of the property will be interfered with in
any manner as a result of them.
.TX10 ******** SPECIFIC REQUIREMENT RELATING TO EASEMENTS *******
SPECIAL REQUIREMENT REGARDING EASEMENTS AND RIGHTS-OF-WAY:
{EASEMENT_REQ}
.TX11 *** SURFACE ONLY OPINION - OUTSTANDING MINERAL INTERESTS ***
{!PNO}. This opinion involves only the ownership of the surface
interest in the property. Instruments affecting and pertaining
to oil, gas and mineral interests, including any rights therein,
are include in the abstract, however this examiner has not
reviewed those documents to determine ownership of the mineral
interests or any valid and outstanding oil and gas leases. It
does appear that there are such conveyances outstanding and that
you would take title to the surface subject to all the rights
granted in those conveyances, including the right if ingress
and egress to explore and develop those minerals.
.TX12 **** SURFACE ONLY OPINION - NO OUTSTANDING MINERALS *******
{!PNO}. This opinion involves only the ownership of the surface
interest in the property. We have found no instruments of record
affecting or pertaining to oil, gas or mineral interests, in the
property, however, since this opinion relates only to the surface
interest in the property, we have made no attempt to examine the
title to mineral interests in it.
.TX13 *** FILING OF CORRECTIVE INSTRUMENTS - SUBSEQUENT CHECKS **
{!PNO}. All corrective instruments or documents required by this
opinion should be placed of record and a certified copy thereof
provided to this examiner prior to the date of closing.
The date of the Abstracter's final certificate referred to above
is the last date the records of the {COUNTY_NAME} County Clerk,
and {COUNTY_NAME} County Treasurer, were checked by the Abstracter.
Any instrument filed of record affecting title to the property
or encumbering the property, such as a mechanic's or materialman's
lien, special assessment, mortgage or other instrument which was
filed subsequent to that date is not reflected in the abstract
nor certified to by this opinion. You are directed to check with
the County Clerk, County Court Clerk and the County Treasurer at
the time of closing to determine if any instrument or other items
have been filed subsequent to that date which would affect title
to, or encumber, the property.
.TX14 *********** GOOD TITLE UNCONDITIONAL **********************
OPINION. It is my opinion that title to the above-described
property is good, sufficient, legal, merchantable and marketable
and that a Warranty Deed from {SELLER(S)} would convey good title
to you subject to the above comments.
.TX15 ************ GOOD TITLE SUBJECT TO CONDITIONS *************
OPINION. It is my opinion that title to the above-described
property is good, sufficient, legal, merchantable and marketable
only if {CONDITIONAL_OPINION}.
.TX16 ********* TITLE NOT GOOD UNTIL CLOUD REMOVED **************
OPINION. It is my opinion that title to the above-described
property is not good, not sufficient, not legal, not
merchantable nor marketable until the cloud thereon is removed
by {CLOUD_REMOVAL}. Upon the filing of the {REQUIRED_DOCMNT},
then a Warranty Deed from {SELLER(S)} would convey good title to
you subject to the above comments.
.TX17 ************* SIGNATURE AND CLOSING ***********************
Yours truly,
{~LAW_FIRM}
{~LAWYER_NAME}
{~LWYR/SECY}
.END ******************* END OF TITLES01 TEXT *******************