residential real estate

Title Insurance in Utah Residential Real Estate Transactions

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One of the more confusing items on any closing sheet in a residential real estate transaction is the “Title Insurance.”  Title Insurance simply provides insurance to interested parties that they hold “clear title” to the property.  Clear title means that there is no party holding a superior or senior interest in the property.  An example …

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Escrow and Closing in Real Estate Transactions

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Once the contract contingencies have been completed, the real estate transaction progresses to what is commonly called Closing.  Closing simply means that each party completes their contractual obligations – the Seller provides a deed, and the Buyer provides the purchase funds.  In Utah, Closings are completed by title companies who act as escrow agents for …

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