Underwriting Department

January 21, 2019
Published by Underwriting Department on January 21, 2019
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Underwriting Q&A: What is the correct exception in Schedule B when finding a memorandum [of lease, of agreement, etc.] recorded in the Public or Official Records which affects the property? When can this exception be removed?

A:  The exception would properly read as follows:  “Terms, conditions and stipulations of the [lease or agreement] as evidenced by Memorandum of [Lease/Agreement/etc.] recorded as [document/instrument] […]
Underwriting DepartmentUnderwriting Department January 21, 2019
December 20, 2017
Published by Underwriting Department on December 20, 2017
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Underwriting Q & A | Are the Texas home equity loan laws changing effective January 1, 2018?

Q: Are the Texas home equity loan laws changing effective January 1, 2018? A: Yes, in connection with the November election, the voters of the State […]
Underwriting DepartmentUnderwriting Department December 20, 2017
November 15, 2017
Published by Underwriting Department on November 15, 2017
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Underwriting Q & A | What are the laws of intestate succession regarding a deceased person’s property who was married at the time of death and who died without a will (or without the will being probated)?

Question: What are the laws of intestate succession regarding a deceased person’s property who was married at the time of death and who died without a will […]
Underwriting DepartmentUnderwriting Department November 15, 2017
July 19, 2017
Published by Underwriting Department on July 19, 2017
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Underwriting Q & A | Does an affidavit of heirship vest title in the heirs named in the affidavit, and is nothing further needed when an affidavit of heirship is recorded, correct?

Q: Does an affidavit of heirship vest title in the heirs named in the affidavit, and is nothing further needed when an affidavit of heirship is […]
Underwriting DepartmentUnderwriting Department July 19, 2017
November 16, 2016
Published by Underwriting Department on November 16, 2016
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Underwriting Q & A | May we pay the property taxes in Texas for 2016 and insure that 2017 taxes are “not yet due and payable”?

Q:   May we pay the property taxes in Texas for 2016 and insure that 2017 taxes are “not yet due and payable”? A:  Short Answer is […]
Underwriting DepartmentUnderwriting Department November 16, 2016
October 19, 2016
Published by Underwriting Department on October 19, 2016
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Underwriting Q & A | When should the term “pro forma” be used in connection with the name of a party on a real estate document?

Q: When should the term “pro forma” be used in connection with the name of a party on a real estate document? A: The term “pro […]
Underwriting DepartmentUnderwriting Department October 19, 2016
April 20, 2016
Published by Underwriting Department on April 20, 2016
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Q & A | If a person owns separate property, what, if anything, is needed for title insuring purposes from the spouse when the property is being sold or when insuring a lien securing a loan?

Q:  If a person owns separate property, what, if anything, is needed for title insuring purposes from the spouse when the property is being sold or […]
Underwriting DepartmentUnderwriting Department April 20, 2016
August 12, 2015
Published by Underwriting Department on August 12, 2015
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Q & A | May a devisee under a probated will excute a formal disclaimer of their interest in the decedent’s estate in order to avoid the attachment of child support arrearages owed by said beneficiary?

Q: May a devisee (“beneficiary”), who would otherwise inherit property, real or personal, under a probated will execute a formal disclaimer of their interest in the […]
Underwriting DepartmentUnderwriting Department August 12, 2015