Section 1.52 Suggested Miscellaneous Form Paragraphs and Requirements

LibraryReal Estate Fundamentals 2011 Forms

1. It is made a requirement that patents from the United States Government to the described lands be procured, recorded, and shown in the abstract.

2. No opinion is given as to the status of the city taxes for the City of __________, as the abstract is not certified as to these; you should make a personal investigation of the City tax records to determine their status.

3. These lands are subject to all zoning ordinances, if any, of the City/County of __________, Missouri.

4. There is an Oil and Gas Lease recorded in Book ____, at page ____, of the __________ County Deed Records (and shown at Page ____ of the Abstract) that could conceivably be still in effect if oil or minerals are still being produced from these lands. But if your personal investigation shows no such production, this lease may be safely disregarded.

5. The deed shown at page ____ of the base abstract does not state that __________, the grantor therein, was single and unmarried on _________, the date of this deed. Title Standard 7 of the Title Examination Standards of The Missouri Bar requires that any conveyance executed after January 1, 1935, must show the marital status of the grantor and, if the grantor had a spouse, there must be an effective release of marital rights and homestead. Therefore, it is made a requirement that proof be placed of record that __________ was single and unmarried on __________, or if he [or she] was married that a quitclaim deed be obtained from his [or her] then spouse.

6. The abstract shows as pages ____ through ____, inclusive, that an action has been filed against __________ and __________ by __________ for money damages and that at pages ____ through ____, inclusive, an action...

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