Recommended Areas of Study

AAR Purchase Contract and all Addenda, LSR, etc.

Cure Notice/Cancellation

Regulatory Agencies

Proration Calculations

Real and Personal Property Taxes - Payment/Delinquent Dates

Title Policies - Difference in Coverage of each Policy

Commitment of Title Insurance/Preliminary Title Report -

Requirements/Exceptions

Legal Descriptions/Basic Title

Government Agencies Related to Escrow and Title Industry

Vesting Entities and Supporting Documentation Required

for Proper Execution

Manners of Taking Title

Notary Guidelines

Lenders’ Instructions

FIRPTA

Documents Needed as Required by Terms of the Escrow

Cash Reporting

IRS Reporting

 

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