You are here: Home

News & Updates

Parties 101


By: W. Paul Lewis, Title Counsel, Pinehurst & Wilmington

Due to various phone calls on this issue, and to take a break from Best Practices and the new Disclosure form, we are going to talk about parties necessary to a real property conveyance.  Every now and again it is beneficial to review basic conveyancing concepts.  A valid conveyance of real property requires five elements:  a grantor, a grantee, an ascertainable subject matter, operative words of conveyance and a proper execution and delivery.   This article will review two of these five requirements, the parties to the deed.

Typically this discussion would begin with the grantor requirements, but I would prefer to begin with the grantee because the requirements to be a good grantee are less stringent than that of a grantor and because, generally, one is a grantee before they become a grantor.

Early Common Law recognized that a grantee could be a natural person.  This expanded to include legal entities capable of holding title.  While you will find no statute authorizing a natural person to hold title, you will find authorizing statutes for corporations, partnerships, LLCs, unincorporated associations and, more recently, trusts.  Prior to this statutory authority, for a trust to hold title, the conveyance had to be to the trustee of the trust or the deed was void for lack of a grantee.  Also, prior to this statute, older deeds in the chain of title, to a trust, which may have been previously void, are now good links in the chain of title.

 

 

NC Closing Attorney Best Practices Task Force Webinar


You are invited to attend more upcoming Best Practices webinars addressing issues of concern in your implementation of Best Practices as well as preparing for the upcoming new integrated Closing Disclosure. The webinars are being offered free of charge to North Carolina real estate attorneys and their staff.

April 29, 2015, Time: 2:00 pm - 3:00 pm plus 1/2 hour Q&A - Michelle Korsmo, CEO of the American Land Title Association will be the featured speaker discussing changes and what remains to be done. Click HERE to register.

 

Best PracticeD - Our Best Practices Solution for Encryption of Email


Attorneys Title is working hard on compliance with ALTA's Best Practices and we know you are, too. In order to send and receive securely encrypted documents via email that are in compliance with the protection of valuable NPPI, we selected ShareFile by Citrix so that...

 

  • We can send encrypted documents.
  • We can provide a link for our customers to upload documents securely.
  • We can forward documents securely on behalf of our customers
  • Access to files is available anytime, anywhere.
  • Recipients are not required to have a ShareFile account to access files.

 

If you haven't checked encryption off your to-do list yet, don't lose a deal - contact us and we will help. We can send our document, or even your document, via ShareFile.

*Interested in learning more information regarding ShareFile by Citrix? Visit their website, ShareFile.com

 

 

Register HERE For Attorneys Title's Electronic Newsletter

Attorneys Title distributes its electronic newsletter on a monthly basis to over 1,200 recipients in North Carolina. The newsletter is delivered via email. Not only do we provide legal articles written by industry-known title counsel, we go the extra step by including other topics. We rely on our expert staff in the areas of IT, customer development and business management to provide custom articles for the newsletter. Ready to see what all the buzz is about? Sign up today!

MyTitleLab

MyTitleLab is a personalized, unique title insurance resource designed by Attorneys for Attorneys and their staff.  Experience the best of technology and experience in one, easy online platform.  Visit MTLColorLogo.gif today or contact your local Attorneys Title office for a demo!

MyTitleLab

MyTitleLab is a personalized, unique title insurance resource designed by Attorneys for Attorneys and their staff.  MyTitleLab was designed from the beginning to be both flexible and intuitive.  Features include prior policy searching and rate calcuations too.  Visit MTLColorLogo.gif today or contact your local Attorneys Title office for a demo!

Who Are We?

Attorneys Title has been providing title insurance services to North Carolina real property attorneys for over thirty years.  We are long-standing supporters of the approved-attorney system and have continually provided  the best customer service in the industry.  With offices located throughout North Carolina and one of the most experienced legal teams in the business today, we are well-equipped to continue that proud tradition.  

We are agents for First American, Commonwealth Land Title Insurance Company, and Chicago Title Insurance Company. We have chosen to work only with those underwriters who have proved to have the financial strength you and your clients need in this economic environment. We maintain a library of over one million prior polices from First American, Commonwealth, Fidelity and Chicago Title and we are easily your best source and choice for information. 

 Attorneys Title

Connect to the Source