Off-Record Title Objection Deadline

Warning! Logging and tracking tasks is for Premium Nomads only.


Complete the "Off-Record Title Objection Deadline" checklist:

https://learntoberich.com/off-record-title-objection-deadline/

We often use "MEC + 16 Days" for this deadline in the "Contract to Buy and Sell Real Estate".

Mark this task as complete when done.

Contract Deadline: Off-Record Title Objection DeadlineContract To Close: TitleUltimate Nomad ChecklistWeek 13


If the Seller provides us with any off-record title information, your Real Estate Broker will forward that information on to you for review.

It is somewhat unusual to have off-record title information provided by the Seller.

Mark this task done when complete.

Contract Deadline: Off-Record Title Objection DeadlineUltimate Nomad ChecklistWeek 9


While off-record title matters are relatively uncommon, if you have questions about them you should get legal advice.

IMPORTANT NOTE: Your Real Estate Broker is not an Attorney nor are they trained to deal with options, lease-options, unrecorded easements and other off-record title matters. You should not rely on them to review this information for you. If you have questions about any off-record title matters you should consult an Attorney.

Mark this task complete when done.

Contract Deadline: Off-Record Title Objection DeadlineUltimate Nomad ChecklistWeek 9


You should receive a copy of any off-record title materials shortly after going under contract with the help of the Real Estate Brokers involved in the transaction from the Seller. That's if any exist.

Off-record title materials like lease-option agreements, option agreements and unrecorded easements are relatively uncommon.

Review off-record title documents and highlight any sections you have questions about. Write down your questions.

IMPORTANT NOTE: Real Estate Brokers do not receive training on off-record title documents so while they may be able to answer very basic questions, they are not competent to answer questions about the off-record title matters. For that, you will rely on hiring your own Attorney who is educated on these matters.

If there is something in the off-record title documents that is unacceptable to you, let your Real Estate Broker know as soon as possible and definitely before the Off-Record Title Objection Deadline.

Mark this task done once you've reviewed your off-record title documents.

Contract Deadline: Off-Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 61Week 9


If you have questions about off-record title matters, you should talk to your Attorney to get your questions answered.

Mark this task done when complete.

Contract Deadline: Off-Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 61Week 9


If there is something in the off-record title information the Seller provided that is unacceptable to you, let your Real Estate Broker know as soon as possible and definitely before the Off-Record Title Objection Deadline so we can file a formal objection to title and protect your Earnest Money.

Mark this task done once you've objected or if you don't plan to object to any off-record title matters.

Contract Deadline: Off-Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9


If there is something related to off-record title matters that is unacceptable to you, let your Real Estate Broker know as soon as possible and definitely before the Off-Record Title Objection Deadline so we can file a formal objection to title and protect your Earnest Money.

Your choices are either to object and see what they offer as a possible resolution or if you are 100% certain that nothing would resolve it, you can terminate.

If you'd like to object, your Real Estate Broker would prepare a "Title-Related Objection Notice".

If you'd like to terminate, your Real Estate Broker would prepare a "Notice to Terminate" and "Earnest Money Release".

Mark this task done once you've objected or if you don't plan to object to off-record title matters.

Contract Deadline: Off-Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9


If there is something related to off-record title matters that is unacceptable to you and you are objecting your Real Estate Broker will prepare a "Title-Related Objection Notice" and send it over for you to sign via DocuSign.

Sign it via DocuSign prior to your Off-Record Title Objection Deadline to protect your Earnest Money.

Mark this task done when complete.

Contract Deadline: Off-Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9


If there is something relating to off-record title matters that is unacceptable to you, let your Real Estate Broker know as soon as possible and definitely before the Off-Record Title Objection Deadline so we can file a formal objection to title and protect your Earnest Money.

Your choices are either to object and see what they offer as a possible resolution or if you are 100% certain that nothing would resolve it, you can terminate.

If you'd like to object, your Real Estate Broker would prepare a "Title-Related Objection Notice".

If you'd like to terminate, your Real Estate Broker would prepare a "Notice to Terminate" and "Earnest Money Release".

Mark this task done once you've objected or if you don't plan to object to any off-record title matters.

Contract Deadline: Off-Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9


If there is something related to off-record title matters that is unacceptable to you and you are terminating your Real Estate Broker will prepare a "Notice to Terminate" and "Earnest Money Release" and send it over for you to sign via DocuSign.

Sign it via DocuSign prior to your Off-Record Title Objection Deadline to protect your Earnest Money.

Mark this task done when complete.

Contract Deadline: Off-Record Title Objection DeadlinePaperworkUltimate Nomad ChecklistWeek 9

Leave a Reply

Your email address will not be published. Required fields are marked *