Spot the Red Flags: Title Commitment Edition & Deeds (3 CE)

Spot the Red Flags: Title Commitment Edition

• Delivery Transmittal-Important to verify everyone on this document to see if they are receiving the title commitment
• Underwriter Information and Disclosures
• Schedule A-Review effective date, name spellings, proposed policy amounts, vesting and legal description
• Schedule B-Requirements and Exceptions-what is covered and not covered
• Privacy policy

Deeds

• Differences in the deeds commonly used in Colorado.
• Different ways owners can own title (Joint Tenancy vs Tenants in Common)
• Different warranties are given for each deed type.
• Which deed types can be prepared by Homestead Title
• See Samples of each deed type