CAPE MAY COUHTY TIMES. 7RPAY, MARCH 4. 1987-

Cj* Cmty Titk Bad Tmt 0»

.Vlge Pom

^ctshborlnK properly owner, offered blm a partywall contract and. in return, obtained a deed to I be mi r tan IT one and on-half feet of the -roun-i enor-«cbed upon. Everyon' wa eatua-d and future trouble Xbi» source waa entirely avoided. Tit], ... urance baa the effect n* the liquidity of :meats. Boppow. for man In New York Is . loan secured by Ocean . ,.i .-slate, and the title to ! .state to not Insured. . pectlvc buyer of a loan to ask for an ab jnd -ubmit It to hto '•- for an opinion. This Inct* delay and expen* •- title were covered by the . -y of a title company, then .jiiestioffa of title would b antly dtomtosed and the sale i mortsage could proceed al

new today are fully i of the economy effected and tf*e attained throu*h title insurance. They are raakSns; f eral uye of It all over the tnileJl

States.

In buying property wUho.it title insurance one may aiwum • t risks that no individual would knowingly carry. Take, for example. a tenant .' riehi. A mere office-examination of tf'le «ertalnly would not reveal the unrecorded claim, say. of a party In pnosrrr|-in cd property who held an option to buy or wan paying on a contract of purchase. A title company’- investigation require* ar Interview with thi? tenant and to take proper nre* to protect the title. ThU to done in all case* where the owner of the fee to not actually

Title lawnaace Sam Tine

and Urnty

On a recent rtok la i im "dela>» a»d 'ohUtolag

(merly were iryulrsd I tion wlta a farm laa*. j ers now accept tBle ' thereby reducing expel

safety.

take place wh*n doctors and surgeons emerged from the gradof general practitioners and be-

eame ewrialists. Their special-. m **■—-— —, . . Ik ' mdies and development* cine* the writer met the official* have i -n of Incalculable benefit ( n several large life insurance • „ • is storing humanity all over' com panie* which an- heavy the s.-tld. A aim liar improve- ..-.tom in real estate mortaag.^ m-r.t u«k place in handling real The Increasing appreciation m estate titles w*-n the general ulW , n , urante hy the* great in abstracter and the general * T eevtore was particularly Bote-i.! tb*

.uSU-d <S.mel-~ » „t .„cn.o. le- 'e»l. W Seen, .mn....

title experts—men who are not » two «e«.

attorneys and good ab-

approving

k of 4he til

saved bv (he pm

. many buy-1 Thi insurance, f 8*vc

.use*, avoid ,aay nothiac of the •dvaaw I

I gained hy obtaining a UagiM. 1 bankable guaranty of title.

bankable guaranty i

eetcni mnrtgae .-mpany j addition to competent opinlor

, submit abstract* to Its attorney>. then for the Insurants

panic* buying

the loans to ha*

Title Expert* Specialne The greatcet advancement in the medical profession began to

examinations door all over

A title Is never settled u-j*, left to an attorney's opinio* alone- Every owner ohUis. f another attorne

fffsl

=

ntract examiner*, but who also! are rpedaltota in real estate law | The benefit* of title Insurance! are ex.ended to rural ptoces. At; standard rates this valuable sale-! guard may be obtained for a; farm title In Burleigh or B«fley’s Point, jtnd as readily as for a city lot In Wildwood, and will be accepted without question In New York, should sale of the property, or mortgage secured by such property, he offered In that

A Glimpse of the Cozy Ladies Rest Room

The Value of Title Insurance Is Explained

Saves Vexatious Delays in

Making Transfers and Obtaining Mortgages

Not Opinion, a Guarantee

I tinned to illustra- what

Let the protection ot titl inrur- | ance to. Where el».\ but i • a j title Insurance company, could

thi* good man have gun- to ob-

' tain the safety and peace of mind he desired in hi* declining y-arsT;

A turniture man applied ;->r a

pr.licy of till* Insurant- < ,. :i:g a businc-s property i.- -a* buy- ; ing on a ettnimercial i> - ietard.: He staled that b- U ! never! owned a piece of real e-ti te be-1 fore and that th- only -n.ng he knew about acquiring p-opertyl

a* that he_ wanted the title !n-|

Miied. •

t Not long ago an old g-:; !~ ynan appeared in a • anl truct company office and i-k-1 to apeak to someone about title ir.Buranc- He mentioned that be Owned a piece ot property. »'-'rth about I100.60". and that be would like to obtain a guaranty

ot his title.

Casually, he waa asked If he were selling the prop-rty or :u-t borrow ing money on It. to which be replied that se was doing neither. He said that the property was in the name* of hto wife and himself. >ointIy. which meant that under Missouri lawit would go to hto wife alone upon M* death. It was all. had la the world and he very anxlour to make sure if anything happened to the she would not be deprived o valuable compe'enc. * hen fc.

Safety and Peace of Mind This simple '.nciden' to met

As luck would have It. hto one piece of title knowledge covered everything he needed to Know and the company proceeded at paratory to examining the reconto. 1 ‘ The inspection revealed that the building extended h.yond the property line, it .. -,.ipi«d three feet of ground belonging to the owner of the adjacent vacant land. Unfortunately, the improvements had be- n constructed without due regard lor a correct

survey.

This compllcat:.- would not '| have been discovered by the old-

of handling

’! iitle*. It very likely would have ■ remained concealed until perhap* ' j expensive improve menu bad been | - reeled and the i* n d had mulli- ! plied In value, when a future ■j survey would have shown the 1 ncccwity for <’ fficult and reiwtly •

j adjustments.

i. ire Trouble Avoided As it was, the company i

The Roofing and Sheet Metal Work on the New Home of the Cape May County Title and Trust Co. was done by E. T. BRADWAY Roofing and Sheet Metal Work 21 5 E. Spencer Avenue Wildwood The Satisfaction from Good Work Last Long After the Cost Has Been Forgotten

CONGRATULATIONS To The Cape May County Title and Trust Co. of Cape May Court House HENRY B. CREE REALTOR Motor Vehicle Department—License* Issued Notary Public Insurar.. 827 Third Street Ph-me Ocean City, N

Congratulations, Good Friend And Neighbor! The Cape May County Title and Trust Company is to be congratulated on its new building and the addition of banking functions. So is Cape May Court House and the county in general. More and better banking serv ice for this growing seashore territory' - - that s what it means. We extend our heartiest congratulations and good wishes. Banking - Trattt - Title Insurance 4 % Time Accounts - Safe Deposits - Investments Settlement Rooms - Visitors’ Information and Travel Bureau Ocean City Tide and Trust Company

The Congratulations of the Beecher - Kay Realty Co. WILDWOOD - N. J. Are Extended To The Cape May County Title and Trust Company Upon the Opening of Its New Home

Sea Isle City Congratulate the Officers and Directors of the Cape May County Title & Trust Co. on this institution s splendid new home, and upon engaging in the Banking Business. If the same satisfactory and helpful service which has l>een rendered hy you in the 1 itle Department for the oast five years will maik your work in the banking field, we predict for you great success, and extend to you our Very Best Wishes

>*>oooooooooooc*>

to the Cape May County Title & Trust Company °" N ™ Buad “S will be (omudly opened M«ch S. 1927. end on .he entry „| i„ llltuti „ into the banking field. h he, been the p.en.n e „( .hr. „, fi „ ^ ^ County Tub end Tru„ Onopeny J - -bu. our P^n, relationship w ,„ ronUnu, L come.

Ocetuv Avenue KlfthllC Street