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Frequently Asked Questions
Q:
What is escrow?
A:
Escrow is a deposit of a deed or other instrument with a neutral third party for delivery upon performance of a condition.
Q:
How do I choose a title company?
A:
Your choice of a title insurer is important. You want your property protected with the best title insurance available, backed by an organization with sound financial strength and problem solving abilities.
Q:
What is title insurance?
A:
A policy of insurance that indemnifies the holder from any effects on the title that is not excepted from coverage.
Q:
What are the different types of deeds?
A:
The three most commonly used deeds are warranty, special warranty and bargain sale. See our glossary for specific definitions on these types.
Q:
What is a trio?
A:
Customer service packages consist of a copy of the last recorded document, plat map, and tax assessment information on a piece of property.
Q:
Who do I call for customer service when it's out of county or state?
A:
Call us! We can process your request here in Portland for any needs you may have in North America.
Q:
When is a transaction closed?
A:
When all parties to a real estate transaction conclude the details of the sale, including signing and transfer and recording of documents and distribution of funds.
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