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Schedule C of the Title Commitment

By
Real Estate Agent 0488515

Schedule C of the title commitment contains any items which must be resolved before the seller can transfer title to the buyer.  

Items commonly found in schedule C include existing liens (current mortgage), judgments,  tax liens, Mechanic's and material man liens, marital status issues, the grantor might even be asked to prove who they are if they have a very common name.  

Basically all items in Schedule C must be addressed.

Larry Lawfer
YourStories Realty Group - Newton, MA
"I listen for a living." It's all about you.

I like the course description.  It helps me understanding what you will be teaching. Thanks

Apr 27, 2011 02:39 AM
Jim Frimmer
HomeSmart Realty West - San Diego, CA
Realtor & CDPE, Mission Valley specialist

I’ve been through the very common name issue. My second Client ever was named John Smith. Can’t get much more common than that!

Apr 27, 2011 03:54 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Larry,

Thanks for your comments.

Apr 29, 2011 04:48 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Jim,

Thanks for your comments.  I bet that is a problem when they go to sell.

Apr 29, 2011 04:49 AM