We offer construction loan policies for $150. This rate is afforded to builders for financing during the construction of a single-family or duplex dwelling. The policy is effective during the term of construction and for a reasonable period of time thereafter to allow for refinance or resale of the property. This policy does not include Mechanic's Lien coverage.
A Certificate of Title is a limited search which shows the last deed of record, legal description, taxes, liens, and oil and gas information affecting the subject property. It is not a full search and should not be relied upon to provide fee simple ownership information. An O&E Report is a full search which shows fee simple ownership, legal description, taxes, liens, easements, rights of way, restrictive covenants, and any other recorded encumbrances affecting the subject property.
There are many things to consider when deciding whether a Transfer on Death Deed (TODD)is the right tool for you. For that reason, we view TODDs as part and parcel of estate planning. If you are interested in having a TODD prepared, we recommend you consult with an estate planning attorney in private practice. We do not prepare TODDs.
Limited Liability Companies (LLCs) are governed by Operating Agreements. The operating agreement tells us who in the company has authority to take certain actions. This is why we require a copy of the operating agreement from an LLC that is selling or mortgaging property.
In Kansas, due to state law, a spouse must consent to the conveyance of real property whether that person is in title to it or not. In many situations, this applies to the conveyance by mortgage as well.
In Kansas, if you hold title with another person as joint tenants with the right of survivorship and the other title holder dies, you will then own the whole estate. If you own as tenants in common with another person, you each own 1/2, and if one of you dies, that person's half would then be owned by their estate.
You should have a clear understanding of the applicable title company fees and charges ahead of time. Be sure to ask what the applicable charges cover and make sure the charges are reasonable considering the services that are being provided.
Charlson & Wilson is happy to review our charges with you to make sure that you understand them and are getting the products and services that you need and want.
A comfortable office and convenient location should be considered when choosing your title company. This is often where you will go to sign documents, so you'll want an office that is easy to get to and where the employees are friendly.
The closing office of Charlson & Wilson Bonded Abstracters, Inc., has recently moved to a convenient new location with ample parking and a pleasant environment for closing your real estate transaction.
A title company with knowledge of your local area is a must. Real estate laws vary from state to state, county to county and town to town, so you'll want a company with long-term employees who have dealt often with the various locales and with the courthouse and county personnel who work in those locales. You want a title company that has a long-standing relationship with people who can get issues resolved quickly and correctly.
Charlson & Wilson has been engaged in the real estate business in this area for almost 100 years. We have long-tenured employees who know our immediate and surrounding markets well.
The title company will have a key role in the transaction - everything from researching the title's marketability to setting up escrow accounts and handling the exchange of money - so you'll want a company that you can trust to do a good and thorough job. The best title companies have a solid reputation with real estate agents and attorneys, so you'll want to get several recommendations from them before choosing who you'll have help you with your transaction.
Charlson & Wilson Bonded Abstracters, Inc., has four attorneys on staff plus many long-term employees who know the title business and can work closely and effectively with real estate agents, attorneys and lenders.
One of the most stressful things you'll do in life is buy or sell a home. It is a big transaction where even the smallest mistake can lead to a major headache. Last minute legal issues can add unwanted drama and often stop the deal. A qualified and experienced title company is essential in helping you complete your transaction successfully.
Charlson & Wilson Bonded Abstracters, Inc., has been in business since 1927 and handles thousands of transactions each year.