The Company requires for its review a satisfactory Deed conveying the title to the land. The Deed must then be signed, delivered and recorded.
Comment: The title commitment customarily requires a deed (or other instrument, if appropriate) from the current owner. Additional requirements may be necessary when securing conveyances from fiduciaries or entities.
Note: You may add additional local requirements here. Please consult with our underwriting personnel in preparing appropriate provisions.
While these judgments are technically not liens upon the real property, unless they are disposed of to the satisfaction of the Company, policy will except any loss, cost or damage, including attorney’s fees, resulting from any attempt by a judgment creditor or an assignee of a judgment creditor to set aside the conveyance as a transfer in fraud of creditors.