Terminology
You might find it helpful to review terminology within your office on an ongoing basis. Does everyone understand the meaning and use of:
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Access
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Adverse Possession
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Appurtenance(s)
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After Acquired
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Assessment
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Assumed
Assumability
Assumption
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Attorney-in-Fact
Power of Attorney
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Bequeath
Devise
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By-Laws
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Cloud
Claim
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Condemnation
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Condominium
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Conservator
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Contingency
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Contract for Deed
Contract for Sale
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Conveyance
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Covenant
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Disbursement
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Disclosure
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Dominant
Servient Estates
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Due on Sale Clause
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Earnest Money
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Easement
Right of Way
License
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Egress
Ingress
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Eminent Domain
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Encumbrance
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Equity
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Escheat
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Escrow
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Estate
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Et Al
Et Ux
Et Vir
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Exception
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Executor/rix
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Fee Simple
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Fixture
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Foreclose
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Free and Clear
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Grantor
Grantee
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Guardian
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Heir
Devisee Hereditament(s)
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Homestead
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Indemnity
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Index(Indices)
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Instrument
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Interest
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Intangible
Tangible Property
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Intestate
Testate
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Joint Tenancy
Tenancy in Common
Life
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Estate Judgment
Judgment Lien
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Landlocked
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Leasehold
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Lender
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Lessor
Lessee
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Life Tenant
Remainderman
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Marketable Title
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Materialman's or Mechanics Lien
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Metes and Bounds
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Mortgage
Note
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Mortgagor
Mortgagee
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Muniments of Title
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Option
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Ordinance
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Owner (Estate)
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Partition
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Planned Unit Development
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Plat
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Public Records
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Quiet Title
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Quit Claim Deed
Warranty Deed
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Real
Personal Property
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Recourse Resolution
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Restriction
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Reversion
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Search
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Security
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Servicer
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Settlement Statement
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Simultaneous Issue
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Statutory lien
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Subordination
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Surety
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Survivorship
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Tax Deed
Tax Lien
Tax Sale
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Tenant
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Title
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Title Plant
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Trustor
Trustee
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Underwriter
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Vest (as to vest in)
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Waiver
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Will
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Zero Lot Line
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Zoning
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Basic & Advanced Title Insurance School
November 10th is the date and Oklahoma State University, Oklahoma City is the place for the 2004 OLTA Basic Title Insurance School. Mark your calendar and watch for the registration materials in the mail. The school will last a complete day and will cover such topics as:
- Real estate ownership, rights & interest, methods of transferring
- Legal descriptions
- Title insurance terms, concepts & insurance policies
- Oklahoma statutes & rules
- Fiduciary responsibilities
In addition, leaders will conduct a half-day Advanced Title Insurance School that same day during the afternoon only.
Watch for registration information in the mail later this fall or if you have questions, call the OLTA office at 405/840-1944. See more details here.
 Did You know?
Did you know that the Oklahoma State Banking Department's website www.osbd.state.ok.us has pdf listings of the following:
Closed, merged, renamed and relocated banks of Oklahoma (www.osbd.state.ok.us/Closed/closbank.pdf); 112 pages listed by city and bank name;
Closed and merged credit union (www.osbd.state.ok.us/Closed/closcred.pdf) 16 pages listed by city and CU name;
Closed, merged, renamed and relocated savings and loans of Oklahoma (www.osbd.state.ok.us/Closed/closs&I.pdf) 20 pages listed by city and S&L name; and
Closed trust companies of Oklahoma (www.osbd.state.ok.us/Closed/clostrus.pdf) 19 pages listed by city and trust company name.
All can be accessed from the home page. Happy surfing!
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