Project Packet - Laserfiche WebLink

Home Browse Search

Rmis EW I) PROPFR'l*Y Mis opinion is necessaril made subject to the matters set out below, and a purchaser or mortgagee should always ma(e inquiry as to them. 1. 1'USSISSION. You are charged with notice of the rights of anyone in possession even though his interest, if any not on record. You should also inspect the property for and• evidence of use or lA _. •ss • by strangers, such as public roads, private driyev%ays, Uraina��c ditches, encroaching buildings or fences. 2. NFOLANICS' LIENS. Claims of liens for labor, material or machinery, furnished for the improve- ment of the premises need not be filed until 90 days after the Completion of the work or until 90 days after the last iteni of matei,:iI or machinery has been furnished. flat-c anv improvements been made within the past 90 days which have not been paid for' 3. SURVI.Y. Any question as to location of boundary lines, encroachments, easements or related matters can be determined only by a proper survey. J. :ONT.N; :LEI) LAINU USE: W:GRATIGNS. Do the municipal regulations permit use of the property for your purposes' State, county and municipal regulations may limit the use of VOUr property. Special regulations exist as to property abutting lakeshore, streams or located in a flood plain. S. SPECIAL ASSI:SS1` LM S. 1.Ssessments for special improvements are usually payable in installments over a period of years. You should ascertain the amotmt of pending or unpaid future install- ments of special assessments, if any, from the proper municipal office. 6. WRTGAGE. Ascertain from mortgagee the exact unpaid halance of principal and interest on any mortgage and the terms of payment, including prepayment. rmlUW:S. A purchaser should have a definite written aj!reement covering fixtures, particularly refrigerators, stores, water heaters, carpets, etc. A. SE:ItiEk. Is sewer connected, or is cesspool used, 9. IrIIl.IT'1ES. Utilities, such as water, gas and electricity should be transferred or, the records of the various agencies upon taking possession. P. IDIESTEM) TAX VSSLS9W-'\TS. If you are to occupy property as a home, you should rIke application immediately to your local assessor for homestead classification. 11. Subject to federal judgments and tax liens, if any. 12. The following statutory exceptions appear on the certificate: a, liens. claim. or rights arising ...tier the laws of the constitution of the Itnite.d ~fates, which the statutes of this state cannat require to appear of ms rd. S. Any tax or special assessments for which a sale of the land h.is not hem 164.d at the Sate of the certificate of title. c. Any lease for a period not exceeding three scars. when there s actual occupation of the premises Lakier the lease. d. All public highway• embraced in the description of the lands irnludW in the cartificato_ -.Kill by dcerrNl t" �v exc l ikled . v. huch rights of appeal or right to avpv crud conte-.t .•�•pl icat ion as is al lowttd h% law. f. The rights of any person in po«essia .trier Cued or ;a:t for defed frum the owner of the certificate of title. 13. If the .onveyan.e involves a di%ision of a lot or a imetes And hounds description. there meat' he restrictions on recording as a result of regulations or ordinances of •Ix• kegistvr of I►reals, the county or the mumicipal ity . Reference sFxx,l.! he r►kde to each of the aht've• to ascertain the recordability of the document%. Plitslx, Iivnv. s s 11t4t1l�Z�iw, I'.1.