Please, Study Guide Only: Only Study Guide: For the state of Ohio

1) You are assisting an attorney in the closing of a real estate sale transaction. You have in your possession a copy of the contract for the purchase and sale of the property. The contract contains the names of both the purchaser and the seller and a complete legal description of the property being bought and sold, and it has attached as an exhibit a survey of the property. You have been asked to order a title examination on behalf of your client. What information do you need to give to the title examiner?

2) You are assisting an attorney in the closing of a real estate transaction. The seller of the property under the contract is known as David F. Farris. The title examination reveals that the title is currently owned by a D. Frank Farris. What measures should you take to ensure that Dave F. Farris and D. Frank Farris are one and the same person?

3) You are a paralegal assisting an attorney in the closing of a real estate sale transaction. The client is the purchaser. The attorney gives you a copy of the title examination report and requests that you review the report and prepare a list of any title problems you see. You notice that the title report shows the record title owner to be someone different from the seller in the real estate contract. The title report also shows that a lis pendens has been filed involving a quiet title action and that the record title owner is a party to that action. Should these items be included in your list of problems? Briefly explain your answer.