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In the real estate contract at the bottom of Module IV review and print paragraphs 12 Conditions Affecting Title and 13 Deeds. Paragraph 12 indicates
In the real estate contract at the bottom of Module IV review and print paragraphs 12 Conditions Affecting Title and 13 Deeds. Paragraph 12 indicates that title is being transferred to the premises subject to zoning ordinances,enforceable covenants, conditions and easements of record. Paragraph 13 provides the transfer will be made by a Warranty Deed. If a review of the title in a real estate transaction reveals an easement in favor of National Grid to lay power lines, and a sewer easement in favor of Warren County are filed, how does that affect the Warranty Deed given to the Buyer if the deed transfering the title does not make reference to these easements? Is title transferred subject to these easements? Additional review of the title to the premises shows that the last recorded deed to the property transferred title to John Smith and Alice Smith, as tenants by the entirety. John Smith died a resident of Warren County on 12/5/2005. If the contract for sale of the property is signed by Alice Smith only, is it a valid contract, or do we need to have the executor of the Estate of John Smith execute the contract also? Explain your reasoning
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