Rowlett Real Estate School Blog

What is Title Insurance? Title insurance is a contract that protects the policyholder from losses arising from defects in the title. Florida law does not require title insurance. It is a unique type of insurance. It protects against loss from past occurrence, such as a forged deed somewhere in the [...]

Is a Rowlett Real Estate School online course right for you? Do the demands of everyday life make it difficult to take time off to attend one of our classroom courses? You can get the same quality real estate training right in the comfort of your own home.

What is a Transaction Broker? A transaction broker is a broker who provides limited representation to a buyer, a seller, or both, in a real estate transaction, but does not represent either in a fiduciary capacity or as a single agent. In a transaction broker relationship, a buyer or seller [...]

What is the Covenant of Seisin Clause? The covenant of seisin (also seizin) is a promise that the grantor owns the property and has the right to convey title. The covenant of seisin states that the property is free from liens or other encumbrances except as noted in the deed. This clause [...]

Real estate agents are bound to certain rules of agency regarding relationships with their employing broker(s). A real estate sales associate’s authority to provide real estate services originates with the broker. Even though the real estate sales associate may perform most, if not all, of the real estate services agreed to, all the listings that you bring into the company belong to your broker.

What is a Bargain and Sale Deed? Normally, a bargain and sale deed consists of the granting clause, habendum clause, and covenant of seisin. However, in the bargain and sale deed, the grantor does not covenant or warrant to defend the title against any future claims or attacks on the title. The [...]

What is a Quitclaim Deed? The quitclaim deed is a deed by which the grantor quitclaims unto the grantee all of the grantor’s rights, title, and interest to the property, if any. The grantor makes no warranties about the quality or extent of the title being conveyed. This form of deed is [...]

What are the 4 Types of Statutory Deeds? There are 4 types of statutory deeds: Quitclaim deed Bargain and sale deed Special warranty deed General warranty deed These deeds are called statutory deeds because the law provides for a short form of deed in which the covenants or warranties mentioned [...]