Title Research Services Clause Samples
Title Research Services. PREPARATION OF TITLE AND ENCUMBRANCE REPORTS – PERMANENT RIGHT-OF-WAY
Title Research Services a. Supplemental Title and Encumbrance Reports (Updates) When requested, the CONSULTANT shall provide title work from the date of the original Title and Encumbrance Report to the present date. The CONSULTANT shall provide the following, in duplicate:
1) A cover sheet that identifies any changes and the associated recording documents. In addition, the CONSULTANT shall note the current status of the taxes.
2) Copies of any documents recorded since the date of the original Title and Encumbrance Report that affect the caption property.
Title Research Services. This work includes:
a. Conduce 20 year chain of title search and prepare T&E Reports and also (if applicable) Title Updates in accordance with INDOT 12.2 Classification Requirements.
Title Research Services. A. PREPARATION OF TITLE AND ENCUMBRANCE REPORTS – PERMANENT RIGHT-OF-WAY
1. COVER SHEET
a. The TITLE AND ENCUMBRANCE REPORT cover sheet shall follow the format shown below.
b. The cover sheet of each Title and Encumbrance Report shall be identified with the Project Number, County, Political Township, R/W Code Number, Parcel Number, Road Number, Des. Number and the name of the presumptive fee owner as shown on the right-of-way plans.
c. A brief legal description shall be provided, including the quarter section or subdivision lot number, section number, township and range numbers (including direction), the acreage (unless in subdivision), and the assessed values of the land and improvements.
d. The record owner(s), as of the certification date, shall be identified as shown in the instrument vesting title in them. The address of the record owner(s) and recording information shall also be provided.
e. Active mortgages shall be shown on the cover sheet. If multiple mortgages are active, a note may be used to direct the reader’s attention to the chain of title.
f. Judgments, easements and tax information shall be identified by the applicable entry numbers from the chain of title. The status of the taxes shall be noted on the cover sheet.
g. The cover sheet shall include the certification statement shown below. The CONSULTANT performing the search shall sign and date the cover sheet.
Title Research Services
