Page 10 - CTT buyer Seller 2021_English_Flipbook_1

LIFE OF A TITLE SEARCH
CHICAGO TITLE CALIFORNIA BUYER & SELLER GUIDE
Escrow Officer Opens Title Order with Chicago Title
Customer Service Verifies Legal & Vesting
Title Order is Sent to Searching
Searching Assembles Chain, General Index Documents & Obtains Tax Information
Preliminary Report is Produced
Computerized Property Chains, General Index on the Sellers, Buyers are Produced
Search Package Sent to Examiner to Review & Examine Each Document to Complete and Write the Preliminary Title Report
Preliminary Report is Delivered to Escrow, Proposed Insured & Lenders
Escrow Authorizes Recording
Title Officer Reviews Documents & Lender’s Instructions
New Documents/Demands, Lender’s Instructions & Statement of Information Submitted to Title Officer
Documents Recorded & Payoffs are Disbursed
Title Policy is Issued
Title to Your Property is Now Protected by the Premier Title Insurance Provider, Chicago Title
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