P08 Attachment 9 Evaluation Criteria ND 2023.pdf
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Evaluation Criteria for North Dakota Title Company BPA
Please explain your company’s experience examining, updating and recording conservation easements in North Dakota.
1. Has your company performed the recording of an easement between the United States of America and a landowner in the state of North Dakota?
2. Provide three examples including legal description or recorded document number, name(s) of grantor, name(s) of grantee, and date recorded
a. Include the time your company took to perform the three project listed above from initiation to recording.
3. Provide one example of your involvement in the correction of defects (title, ownership) as related to an easement on behalf of the United States of America related to an easement closing or after recording.
a. If no direct experience with and easement with the United States of America, please provide an example of another easement defect resolution.
4. Use the hypothetical information below to provide a cost estimate on the estimates page of this attachment. Indicate what your company would charge for each service. Please use your best judgment, no additional information will be provided:
158 Acres in the SW ¼ of an unidentified section located in Benson County, North Dakota valued at $149,580.00. One abstract is provided and accounts for all acres in the offer. The last update was performed in 2014 and has remained under the same ownership of husband and wife with one mortgage refinanced. At some point between the initial title search and the closing, husband and wife put the land into a trust.
a. Title Search Estimate
• Professional fee
• Initial update
• Examination
• Copies & postage
b. Interim Search
• Gap search
• Title commitment update/revision
• Copies & postage
c. Closing Services
• Pre-recording search
• Recording fees
• Final abstract update
• Owners title insurance policy
• Copies & postage
Title Search Estimate Professional fee Initial update Examination Copies & postage
Total Title Search
Interim Search Gap search Commitment update/revision Copies & postage
Total Interim Search
Closing Services Pre-recording search Recording fees Final abstract update Owners title insurance policy Copies & postage
Total Closing Services
Total Project Services
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Minnewaukan
50th St NE55 th
A ve
N E
| Title Search Estimate: |
| Professional fee: |
| Initial update: |
| Examination: |
| Copies postage: |
| Total Title Search: 0 |
| Interim Search: |
| Gap search: |
| Commitment updaterevision: |
| Copies postage_2: |
| Total Interim Search: 0 |
| Closing Services: |
| Prerecording search: |
| Recording fees: |
| Final abstract update: |
| Owners title insurance policy: |
| Copies postage_3: |
| Total Closing Services: |
| Total Project Services: 0 |
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