11/05/2010
The Preliminary Title Report, "Prelim," can be one of the most important documents a potential buyer can review when purchasing a home. In Los Angeles, The school board had a "Right of First Refusal" recorded on some condominiums! Some are still listed on the title reports. That could be a shocker for you. Make sure you review your Prelim carefully in your inspection period. Here is a great primer on the Title Reports in California.
The California Land Title Association is a non-profit corporation founded in 1907, representing member title companies throughout the state of California. The Association's membership is comprised of title insurance companies and underwritten title companies conducting business in the state. The go
