Title Notice Form

Title Notice Form

This Title Notice Form provides formal notice of the real property transaction details, requested title handling, known title exceptions, and closing instructions for the property identified below. Completion and signature by both contracting parties is required to authorize title work, escrow coordination, and any required lien or encumbrance resolution prior to closing.

Property Identification

Parties & Contact Information

Title & Escrow Contacts

Transaction & Closing Terms

Deposit due on or before . Closing is scheduled for , with possession to be delivered on .

Financing, Contingencies & Inspections

Financing contingency required: Yes

Inspection period (number of days): . Inspection contingency is to be satisfied or waived by

Title Instructions & Exceptions

Title company is requested to issue an owner’s policy in the full purchase amount and a lender’s policy as required by any new loan. If title insurer requires additional endorsements, notify parties in writing prior to closing.

Payoff and reconveyance of existing encumbrances to be coordinated by Seller. Seller authorizes title company to obtain payoff statements for liens identified below:

Disclosures

Lead-based paint disclosure applicable (if residential property built before 1978): Yes No

Known history of mold, water intrusion, or structural damage: Yes No

Default, Remedies & Allocation of Costs

In the event of default by either party, the non-defaulting party may pursue remedies permitted by law and under the purchase agreement, including specific performance or damages. Title company and escrow shall not be responsible for resolving disputes between Buyer and Seller except as necessary to effectuate clear title; parties agree to cooperate in good faith to resolve title objections prior to closing.

Allocation of closing costs, payment of taxes, assessments, and prepayment penalties shall be handled in accordance with the purchase agreement unless otherwise specified in writing to escrow prior to closing.

Governing Law & Entire Agreement

This Notice and any actions arising from it shall be governed by the laws of the state where the property is located. This Title Notice Form, together with the purchase contract and escrow instructions, constitutes the entire agreement regarding title handling and supersedes prior oral or written communications concerning title or escrow instructions.

Certification & Notice to Title Company

By signing below, Buyer and Seller certify that the information provided herein is true and complete to the best of their knowledge and authorize the title company and escrow to order title searches, prepare required documents, and take all steps necessary to clear title and close the transaction in accordance with these instructions. Parties acknowledge that additional documentation or releases may be required to remove identified exceptions and agree to cooperate promptly to obtain the same.

Notice Date:

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