Q: When purchasing land in Wayne County, MI, does one have to use a preferred title company of seller's choice, or any co.?
Part of an advertisement states that buyers have the option to use a certain title company in conjunction with proceeding with sale of real property. If the buyer of the sale chooses to use a different title company, not the one recommended, what's the process for ensuring inclusion of different party? Thanks.
A: It is all based upon contracts. Write the name of the title company / agent into the purchase agreement. Sellers have the right to select the title company that they choose to close with, and so too, do buyers. So if the seller wishes to have their agent, and the buyer selects their own agent, there will be two title agents named within the contract, and involved with your real estate closing.
Thomas. R. Morris and Kenneth V Zichi agree with this answer
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