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CPLTA Certified Professional Lease Analyst Ch 5 Questions And Answers With Verified Solutions 100% Correct!!! $12.99   Add to cart
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CPLTA Certified Professional Lease Analyst Ch 5 Questions And Answers With Verified Solutions 100% Correct!!!
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CPLTA Certified Professional Lease Analyst Ch 5 Questions And Answers With Verified Solutions 100% Correct!!!

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  • November 19, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • curative
  • cplta certified professional lease analyst ch 5 qu
  • how are curative requirements set out
  • what does a title opinion require
  • how does a typical title opinion lay out curative

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  • Certified Professional Property Specialist
  • Certified Professional Property Specialist

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CPLTA Certified Professional Lease
Analyst Ch 5 Questions And Answers
With Verified Solutions 100% Correct!!!
Curative - ANSWER✔✔ Consists of doing exactly what the title attorney requires.

How are Curative Requirements set out? - ANSWER✔✔ in formal written title
opinion prepared by the title attorney.

What does a title opinion require? - ANSWER✔✔ requires thorough
understanding of applicable title examination standards, marketable record title act,
simplification of land title act, etc. (and a law degree)

How does a typical title opinion lay out curative requirements? - ANSWER✔✔ In
a series of "Comments & Requirement". The "Comments" will provide a
foundation for understanding the title problem & the "Requirements" will
described the action or instrument, or both, which are required to cure the title
problem.

If a title attorney has not made absolutely clear what the problem is & exactly what
actions & instruments are required for curative, what should a CPLTA to do? -
ANSWER✔✔ CPLTA should insist that the title attorney provide a written
revision or supplementation to the title opinion

Name the areas that a correction covneyance is often used as curative. -
ANSWER✔✔ Name the areas that a correction covneyance is often used as
curative. Party's Name ; Land Description; Well name; the Interest Conveyed; or
curing defects in the execution or acknowledgment.

When is a Stipulation & Cross Conveyance inadequate? - ANSWER✔✔ When it is
without words of cross conveyance- will not move a property interest from one
party to another.

What does a Stipulation require? - ANSWER✔✔ A stipulation which sets forth
what the parties want & which contains cross conveyance language, will transfer
the interests to the right people. A cross conveyance without cross conveyance
languare will not move property from one to another.

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