Standard Requirements in Missouri
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Contents
Parties
General
- Names of Purchaser to be furnished and searched, and any additional objections by reason thereof to be certified prior to settlement.
- Estates or interests by which grantees are to hold title to be set forth in deed to insured.
Individuals
- Proof that [Grantees], grantees in [Deed of Record] are the same persons as the proposed mortgagors herein, and that they have never been divorced.
- Record title appears in the name of [Record Owner] individually; proof that divorce proceedings have not been filed, and no resulting award has been made of the subject premises.
- Property settlement agreement (if any) and any amendments thereto between ____________ and __________________ to be produced and examined prior to settlement.
- Proof that no award has been made of subject premises under divorce proceedings #[ ].
Church
- Articles of Incorporation of [Church] as required by the [LAW] to be produced and filed with the Company.
- Copy of By-Laws and any amendments thereto of [Church] to be produced and filed with the Company.
- Proof that the present Deed is being made by [Church] in accordance with the rules and regulations of any governing body, if any; consent of such body to be filed with the Company.
- Certified copy of Resolution of [Church] authorizing the execution and delivery of the present deed in accordance with its Articles and By-Laws of Section XXX of the [LAW] to be produced and filed with the Company.
Corporations
- Certificate of Incorporation of Grantor Corporation.
- Certified copy of resolution of Board of Directors of Grantor Corporation authorizing execution and delivery of Deed, and approval of shareholders if same is not in regular course of business.
- Taxes settled by the State of Missouri against Grantor Corporation. (search ordered)
- Unsettled taxes and other charges due the State of Missouri by Grantor Corporation.
Electing Partnership
LLC
- Certificate of Organization of [Name of LLC], LLC, and all amendments thereto to be produced and copy filed with Company and proof that same has been filed with the Commonwealth of Pennsylvania.
- Operating Agreement of [Name of LLC], LLC to be produced and copy filed with Company.
- Proof that all the consents and requirements of Operating Agreement have been met with respect to the authority of members or managers to execute Mortgage and accept delivery of Deed.
- Proof that [Name of LLC], LLC has not been dissolved.
LP
- Limited Partnership Grantor ([Name of L.P.])
- List of general and limited partners to be provided of [Name of L.P.]; possible additional objections and exceptions thereto.
GP
Maybe?
- Proof that John F. Bare and Lane E. Jackson are all the members of co-partnership.
- If less than all to be signatories, Partnership Agreement to be produced.
- No alteration in name or character, regarding John F. Bare and Lane E. Jackson, co-partners.
- Electing Partnership, regarding John F. Bare and Lane E. Jackson, co-partners.
Co-Partnership
Estates
- Possible Estate Tax due the United States of America by the Estate of [Name of Decedent], deceased.
- Estate Tax due the State of Missouri by the Estate of [Name of Decedent], deceased.
- AND the said [Name of Decedent] died on [date of death], leaving a Will dated [date of Will] for probate in _________ County in Estate File #[estate file number] in which he appointed [Name of Executor] as Executor, to whom letters testamentary were granted on [date of grant of letters].
- NOTE: Remember to modify under different circumstances.
- AND the said Bernice Johnson died on May 2, 2005, intestate, with an estate filed in the _________ County Register of Wills as Estate File #1505-0859 in which Carol Johnson was named as Administrator, to whom letters of Administration were granted on June 9, 2005.
- AND the said Dominic J. Mattia died on October 23, 2003, intestate.
- AND Letter of Administration for the Estate of Dominic J. Mattia, deceased, were granted Donald N. Mattia on November 6, 2003 by the ____________ County of Register of Wills in Estate File #1503-1559.
Trusts
- Trust Agreement and any amendments thereto to be produced and examined; any additional objections and/or exceptions may be added.
- Proof that the Trusts created are still subsisting and the constituents thereto are still alive and competent before the law.
Properties
Community Associations
Condominiums
- Recordable statement from the Unit Owners Association of [ ] Condominium to be produced, setting forth the amount of unpaid assessment currently levied against this unit in accordance with the provisions of Section XXX of the Uniform Condominium Act.
PUDs
- Proof that all unpaid assessments due the Homeowners’ Association are paid to date of settlement.
Co-Operatives
Survey
- Survey to be produced and recorded; possible additional exceptions and objections to be added upon examination of the same.
Encumbrances
- NOTE: There are several civil suits and judgments against similarly named individuals, but none appear to be against the record owner(s) above; same to be provided upon request.