Introduction to Title Curative (Mortgage Pre-Closing)

Vesting defines the form of legal ownership for property, guiding how ownership is held, required documents, and its impact on mortgage, transfer of rights, jurisdiction laws, and marital status.

Explore sole ownership: 100 percent property control by one owner, differences between sole and separate property for married and single individuals, and the role of quit claim deeds.

Explore how married couples hold property as joint tenants or joint tenants with rights of survivorship, including survivorship benefits and probate implications.

Explore community property and community property with rights of survivorship, where married couples hold equal undivided 50% ownership, with survivorship transferring automatically at death or otherwise through probate.

Explore how tenants by the entirety gives married couples a single legal entity with rights of survivorship, while requiring both spouses to sign for sale or financing and avoiding probate.

Learn how tenants in common enable multiple owners to hold distinct shares without rights of survivorship, including sale rights and probate considerations.

Explore the fundamentals of trust in real estate, including trust agreements, grantors, trustees, and beneficiaries, and compare living revocable trusts with irrevocable trusts to protect assets and plan estates.

Identify two adults who form a domestic partnership, sharing life without a marriage certificate, meeting state recognition and eligibility rules, with rights similar to marriage but not federally recognized.

Learn how property may be held by an entity and how the entity name appears in deed documents, including LLCs, corporations, and limited partnerships.

Identify entities as organizations run by owners and learn the state secretary of state registration and verification process for LLC, LP, and corporation.

Identify the entity type and initial registration state, then verify status (active, inactive, or dissolved) via the Secretary of State search, reviewing the EIN, filing date, and agent.

Explore how a deed functions as a conveyance document to transfer property rights, detailing grantor and grantee roles, legal description, signatures, witnesses, and notarization.

Identify common real estate deeds, including grand and warranty deeds, and learn their purposes in sale or intra-family transfers, noting grantor and grantee roles and notarization.

Compare special warranty deeds and limited warranty deeds with general warranty deeds, showing coverage from the last transaction, and explain interspousal deeds for transfers between spouses.

Explore quick claim deeds, a non-sale transfer between existing owners used to move property to a trust or entity, or in divorce, without adding new owners.

Trust deeds convert property to a trust for vesting, require a trust agreement, and are not used for sale, while life estate deeds bypass probate by transferring ownership upon death.

Explore tax deeds, sheriff deeds, and trustee deeds upon sale, their roles in foreclosure and public auction, and how mortgage or deed of trust scenarios shape the title curative process.

Define liens and encumbrances in real estate, and explain creditor and debtor roles, asset security, release after payment, and seizure scenarios.

Learn how deed of trust and mortgage record loan details on property, from trustor, trustee, beneficiary to mortgagee, promissory notes and riders, and compare non-judicial and judicial foreclosure.

Learn how judgments are formed through court analysis of information and recorded in public records, with focus on real estate implications for plaintiffs and defendants.

Identify the notice of commencement as a legal document filed against real property, signaling construction work in progress and recording project details with a one-year validity.

Understand how a financing statement, or UCC, records a lien on the debtor's personal property rather than real property, identifying the secured party and debtor.

Bankruptcy provides a fresh start by eliminating or restructuring debts under court supervision for individuals or businesses, including voluntary and involuntary filings under chapters 7, 11, and 13.

Discover how an obstacle of judgment records a court's decision, identifies debtor and creditor, and states the amount owed, including costs and penalties, with a validity of ten years.

Understand how a support judgment records divorce terms, child support, and alimony. See how the court decides debts, assets, and the 20-year validity.

File a mechanic lien, also known as a construction or contractor's lien, to serve as a legal notice when contractors or suppliers aren’t paid, creating a cloud on the title.

Identify and analyze property liens, including trash liens and HYA liens, by reading the lien, confirming property address, owner, and amount, and noting their validity periods.

Learn how property taxes, due dates, and penalties are identified in the tax sheet and commitment, reviewed by title examiners, and escrow closing handles unpaid taxes for refinance or sale.

Learn the essential components of property addresses, including street number, street name, unit and building numbers, city, and zip code, to accurately locate real estate.

Distinguish homestead from investment property, where homestead is the primary residence and investment property is a non-resident or vacation property, and verify addresses with the 1003 and tag sheet.

A subordination agreement sets the priority of liens on real property in public records, changing senior to junior liens to enable a new mortgage alongside existing loans.

Explain how assignment of deed of trust or mortgage transfers a lender’s beneficial interest to a new lender, detailing assignee and assignor roles, partial or full transfer, and liquidity reasons.

Understand the 10-03 document, a Uniform Residential Loan Application used in loan orders and refinances, focusing on name, date of birth, marital status, and contact information, including email.

Explore closing agency software like Rageware and SPS, and navigate curative workflow using general, action, documents, and search data tabs to manage the title commitment, liens, and requirements.

Explore how the curative mortgage workflow tracks status and transaction types, drafts emails and attaches documents directly in the application, enabling seamless communication among borrowers, attorneys, agents, and teams.

Navigate the title curative workflow in the razor application, marking tasks complete and escalating mortgages, liens, probate, or missing documents to the next level, with blue and yellow highlights.

Navigate the curative tab to clear mortgage payoffs, invoices, taxes, and financial and lien documents, then use internal or partner clearance to move to the next level.

Master the curative stage in mortgage pre-closing by clearing requirements for owners and loan policies, deeds, survey affidavits, property taxes, and recording fees.

Apply the title curative process to vesting and financial matters, covering refinance and sale transactions, with key documents like 10/3 and vesting deed, and resolving owner and lien issues.

Resolve wasting and money matters by verifying current owners, marital status, and ownership type across wasting deed, 1003 document, and reservoir general tab for refinance or sale transactions.

Examine the single person scenario by verifying name and marital status across the 1003, wasting deed, and sale contracts, and obtain borrower confirmation to avoid final closing issues.

Resolve mismatches in marital status between wasting deeds and 1003 documents using borrower email confirmation to proceed with loan closings. For sale transactions, no confirmation is needed.

Navigate mortgage refinancing challenges when vesting deeds show married status while 10 v 3 forms show single. Learn required proofs, deed requests, and jurisdictional rules for clarifying marital status.

Explain how to update ownership from single to married status in mortgage pre-closing, including 10 v 3 documents, deed requests, emails to owners, and jurisdictional acquisition types.

Explain how to handle marital status changes from husband and wife to single individuals in title records, comparing wasting deeds and 1003 documents, and steps for divorce and deed updates.

compare wasting deed and 1003 document to address a missing spouse in a husband and wife ownership, then request death certificates or dissolution agreements to determine vesting and resolve interests.

Learn how to handle a 1003 with multiple names by confirming the relationship to the added person and whether they are responsible for mortgage payments on the title.

Explore how a trust can hold title for mortgage loans, distinguish revocable and irrevocable trusts, and navigate 1003 filings, successor trustees, and required deeds at closing.

Identify entity types such as llc, corporation, or lp, review articles of organization and formation or partnership agreements, and manage conversion between entity and individual at closing with signing authority.

Learn to resolve deed of trust and mortgage documents by obtaining payoff statements from lenders, identifying recording details, and handling reconvenience, substitution, and assignment steps for closing.

Identify and resolve UCC financing statements tied to personal property by checking active or inactive status and obtaining payoff statements for active liens or termination documents for inactive ones.

Learn how to resolve property liens, including HOA, trash, water, and county tax liens, by checking validity, current status, and outstanding amounts, and obtaining a pay off statement.

Resolve a notice of commencement by confirming validity, assessing status and amounts, then obtain release or payoff proof from the property owner and the contractor Freedom Forever of FL LLC.

Examine general index liens and personal liens, including abstract of judgment, support judgment, federal tax lien, state tax lien, and hospital lien. Focus on validity, status, and payoff statements.

Assess bankruptcy validity and current status in mortgage commitments, review discharge or dissolution, and apply procedures to resolve liens.

Learn when to raise a subordination to reorder senior and junior lien priorities during refinance; determine if your scenario requires it or not.

Review the certificate of trust to identify revocable or irrevocable status and acting trustees, and learn how a curative agent handles closing procedures for property held by a trust.

Analyze affidavits of death and death certificates to resolve missing party issues in vesting deeds, confirm death or divorce, identify successors, and determine document availability for title curative.

Review divorce agreements to identify parties and liabilities, including mortgages, liens, and alimony. Analyze final settlement terms, child support, and property awards as dictated by the court.

Review entity documents such as certificate of incorporation, articles of organization, and partnership agreements; you request confidential owner documents, attach them for underwriters to review.

Understand how power of attorney grants designated individuals authority to manage a borrower's assets in title curative, with powers to buy, sell, or refinance property.

Understand the title commitment and how a curative agent reviews schedule A and B to verify vesting, legal description, and required documents.

Explore how digital signatures enable remote signing in mortgage pre-closing, navigate closing agency guidelines, and recognize documents such as deeds, deed of trust, mortgages, and power of attorney.

Identify the transaction type—cash sale, sale with loan, or loan refinance—and request the corresponding policies: owner's policy, loan policy, or both, with ALTA or CLTA by state.

Conclude the course by inviting you to rate the performance and leave comments, and commit to using feedback to improve future videos on the title curative process and mortgage pre-closing.