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Independence Title Company

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Independence Title Company Reviews (5)

It is my understanding there was a PEC easement filed post closing. Title companies are not responsible for filings or recordings of documents that take place post closing that were not a part of the closing itself.   If Mr. [redacted] believes he has suffered a loss in connection that may be covered by title insurance he may wish to contact the Underwriter reference on the Title Policy and file a claim with said Underwriter.   The Title Policy jacket covers information about Covered Title Risks, Coverage Statements, Making a Claim, and more. The phone # for the Underwriter will also be included in this section of the jacket.  We can also provide contact information for the Underwriter to Mr. [redacted] if that would be helpful.Tell us why here...

Complaint: [redacted]
I am rejecting this response because:Date Sent: 9/18/2015 4:56:22 PMComplaint: [redacted]I am rejecting this response because: This response has nothing to do with my complaint. I am not Mr. [redacted] and have nothing to do with a PEC easement. Please research your files and respond in reference to the [redacted]Regards,[redacted]
Regards,
[redacted]

Complaint: [redacted]
I am rejecting this response because:The contract was not honored by the seller in responding to the release of earnest money when originally requested. They have avoided & discontinued all contact. The sellers also went through another title company to hide closing on the home with another buyer and keep my earnest money to keep me from moving on.
Regards,
[redacted]

As a title company serving as settlement agent in thistransaction, our role is that of a neutral third party.  As such, we donot decide which party is due the Earnest Money if a transaction cancels priorto the closing without the mutual instruction and consent of Buyer andSeller.  In this...

particular case, both the Seller and the Buyer feel theEarnest Money is rightfully theirs and each has made conflicting demand for thefunds.  Independence Title will continue to hold the Earnest Money untilall parties agree as to how the funds should be disbursed or the funds areinterplead to a Court of suitable jurisdiction for the Court to decide to whomthe funds belong.   This procedure is common to settlement agents inTexas and consistent with our duty of neutrality.Tell us why here...

Tell us why here...It is my understanding there was a PEC easement filed post closing. Title companies are not responsible for filings or recordings of documents that take place post closing that were not a part of the closing itself.   If Mr. [redacted] believes he has suffered a loss in connection that may be covered by title insurance he may wish to contact the Underwriter reference on the Title Policy and file a claim with said Underwriter.   The Title Policy jacket covers information about Covered Title Risks, Coverage Statements, Making a Claim, and more. The phone # for the Underwriter will also be included in this section of the jacket.  We can also provide contact information for the Underwriter to Mr. [redacted] if that would be helpful.

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