Discussion Questions to answer for your initial post: 1. Explain the use of a Grant Deed and what are its two implied warranties? What important aspect is not included in a Grant Deed's implied warranty (hint refer to the Instructor Notes for help)? 2. What is the importance of having Title Insurance and what does it cover? 3. List and Briefly describe what the book refers to as "The Six Main Escrow Tasks"? (Hint: Book lists them as items A,B,C,D,E,&F or use Instructor notes for help) 4. From what you have learned in Chapter 2 & 3 so far regarding the overview of the Escrow process, what is your first impression about the role and job responsibilities an Escrow officer has to enable a successful transaction closing? What qualities would you look for when choosing an Escrow officer and Escrow Company to handle the transactions for your Clients?
Discussion Questions to answer for your initial post: 1. Explain the use of a Grant Deed and what are its two implied warranties? What important aspect is not included in a Grant Deed's implied warranty (hint refer to the Instructor Notes for help)? 2. What is the importance of having Title Insurance and what does it cover? 3. List and Briefly describe what the book refers to as "The Six Main Escrow Tasks"? (Hint: Book lists them as items A,B,C,D,E,&F or use Instructor notes for help) 4. From what you have learned in Chapter 2 & 3 so far regarding the overview of the Escrow process, what is your first impression about the role and job responsibilities an Escrow officer has to enable a successful transaction closing? What qualities would you look for when choosing an Escrow officer and Escrow Company to handle the transactions for your Clients?
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