Title Insurance - Laserfiche WebLink

Home Browse Search

No. 17-15038 Schedule B-Section 1 REQUIREMENTS Schedule B of the policies to be issued will contain exceptions to the following matters unless the same are disposed of to the satisfaction of the Company. 1. This preliminary commitment is provided to disclose the limitations to the risk the underwriter would be willing to insure as of the effective date and is for the exclusive use of Burnet Title. Burnet Title reserves the right to make additional requirements and/or exceptions. Anyone relying upon or closing from this commitment for any purpose without written authorization from Burnet Title shall be liable to the underwriter and Burnet Title for any and all loss, damage or unpaid fees for services and products. 2. NOTE: Public records indicate no open mortgage. Please verify no liens or mortgages are to be paid at closing. 3. This Commitment is provided through our examination of the public records. Burnet Title is not in possession of the Abstract of Title. The Purchase Agreement must be reviewed to determine the intent of the parties regarding title evidence and associated charges. 4. Real estate taxes payable in 2017 in the amount of $245,383.32 are paid in full. (Base Tax $245,383.32.) Tax Identification No. 11-117-23-32-0020. NOTE: Real estate taxes for 2016 and prior years are paid. Tax records indicate the current year's taxes are homestead. No representation is made regarding subsequent years' taxes. Informational Note: Real estate taxes are due May 15 and October 15 annually. 5. Real estate taxes for 2017 are exempt. Tax Identification No. 11-117-23-33-0008. (Non -Homestead) Informational Note: Real estate taxes are due May 15 and October 15 annually. 6. Real estate taxes for 2017 are exempt. Tax Identification No. 11-117-23-33-0009. (Non -Homestead) Informational Note: Real estate taxes are due May 15 and October 15 annually. 7. We require photo identification from all parties signing any documents in this transaction. Also required are the Company's Compliance and Indemnity Agreement and Affidavits in a form acceptable to the Company indicating no judgments, liens, bankruptcies, etc. If there are any questions concerning this Commitment, please call our Customer Service Coordinator Carrie Hannasch at 952-886-6769 direct, 952-844-0223 fax or a -mail Carrie.Hannasch(a�burnettitle.com. This Commitment was prepared by Sue Booker at 952-703-8618 fax, or e-mail Sue.Booker(a).burnettitle.com. (rev. 3/10)