This Is Why You Always Read The Prelim

As part of buying a home, you’ll get a big packet of stuff from the Title company, with a preliminary title report. It’s very important that you read through the stuff the title company sends you, as the title report can uncover some interesting things. Such as….

prelim with well agreement

See those words circled in blue?  “Well agreement.”  Ah, what well?  We have no information about a well on the property.

electric easement

Also this: see that blue arrow pointing to that long rectangle?  That long rectangle is a utility easement, 10 foot wide, where the electric company has the right of way to that strip of land on the parcel, a strip where the owner can’t put a building or a fence or otherwise obstruct the electric company’s access.

Now, I’m no surveyor, but I’m going to give you one guess as to where it appears house is, relative to that easement…

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