The addendum states that a paragraph contained within the original contract is superseded by the information contained in the addendum. Within 30 days after the abstract company receives a copy of the contract, the seller must furnish to the buyer, at the expense of the seller, an abstract of title certified by the abstract company from the sovereignty to the effective date of the contract and supplemented to the closing date. If objections are not cured by the extended closing date, the contract must be terminated and the earnest money will be refunded to buyer unless the buyer elects to waive the objections.
The Houston Texas Addendum for Abstract of Title is a document that provides additional information and documents pertaining to a property's title history in the city of Houston, Texas. It is an essential component of a real estate transaction as it helps to ensure that the property's title is clear and free of any encumbrances. The addendum is typically prepared by a title company or an attorney and is attached to the abstract of title. It includes various types of documents and information, all of which are relevant to the property's title. Some key elements included in the Houston Texas Addendum for Abstract of Title may include: 1. Deeds: Copies of all deeds and conveyances related to the property, including the original grant deed, warranty deed, and any subsequent deeds transferring ownership. 2. Mortgages and Liens: Any mortgage documents, including promissory notes, deeds of trust, and security agreements, along with information about the amounts owed, due dates, and names of lenders. 3. Easements and Right-of-Ways: Any legal documents related to easements or rights-of-way granted to utility companies, neighboring properties, or governmental agencies. These documents outline the rights and limitations associated with accessing or using the property. 4. Judgments and Liens: Copies of court judgments, tax liens, mechanic's liens, or any other liens that may affect the property. These documents reveal any outstanding debts or legal obligations that the property owner needs to settle. 5. Encumbrances and Restrictions: Any restrictions on the use or development of the property, including homeowners' association rules, building restrictions, or historical preservation requirements. 6. Surveys: Copies of any property surveys, plat maps, or boundary descriptions to ensure that the property boundaries are accurately depicted and align with the legal descriptions. 7. Title Insurance: Information about any existing or proposed title insurance policies for the property, including the name of the insurer, the policy number, and coverage details. It's important to note that the specific types of documents included in the Houston Texas Addendum for Abstract of Title may vary depending on the property's unique circumstances and the requirements of the parties involved in the real estate transaction. In summary, the Houston Texas Addendum for Abstract of Title is a comprehensive document that supplements the abstract of title by providing additional information and relevant documents about a property's title history. It helps to ensure a smooth and secure real estate transaction by disclosing any potential issues or encumbrances that may impact the property's ownership.The Houston Texas Addendum for Abstract of Title is a document that provides additional information and documents pertaining to a property's title history in the city of Houston, Texas. It is an essential component of a real estate transaction as it helps to ensure that the property's title is clear and free of any encumbrances. The addendum is typically prepared by a title company or an attorney and is attached to the abstract of title. It includes various types of documents and information, all of which are relevant to the property's title. Some key elements included in the Houston Texas Addendum for Abstract of Title may include: 1. Deeds: Copies of all deeds and conveyances related to the property, including the original grant deed, warranty deed, and any subsequent deeds transferring ownership. 2. Mortgages and Liens: Any mortgage documents, including promissory notes, deeds of trust, and security agreements, along with information about the amounts owed, due dates, and names of lenders. 3. Easements and Right-of-Ways: Any legal documents related to easements or rights-of-way granted to utility companies, neighboring properties, or governmental agencies. These documents outline the rights and limitations associated with accessing or using the property. 4. Judgments and Liens: Copies of court judgments, tax liens, mechanic's liens, or any other liens that may affect the property. These documents reveal any outstanding debts or legal obligations that the property owner needs to settle. 5. Encumbrances and Restrictions: Any restrictions on the use or development of the property, including homeowners' association rules, building restrictions, or historical preservation requirements. 6. Surveys: Copies of any property surveys, plat maps, or boundary descriptions to ensure that the property boundaries are accurately depicted and align with the legal descriptions. 7. Title Insurance: Information about any existing or proposed title insurance policies for the property, including the name of the insurer, the policy number, and coverage details. It's important to note that the specific types of documents included in the Houston Texas Addendum for Abstract of Title may vary depending on the property's unique circumstances and the requirements of the parties involved in the real estate transaction. In summary, the Houston Texas Addendum for Abstract of Title is a comprehensive document that supplements the abstract of title by providing additional information and relevant documents about a property's title history. It helps to ensure a smooth and secure real estate transaction by disclosing any potential issues or encumbrances that may impact the property's ownership.
