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2017-547-E DEAPR - Kennon Craver for legal services for purchase of trail easement on Triangle Land Conservancy's Brumley Forest
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2017-547-E DEAPR - Kennon Craver for legal services for purchase of trail easement on Triangle Land Conservancy's Brumley Forest
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Last modified
6/25/2018 12:11:08 PM
Creation date
10/12/2017 10:12:51 AM
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Template:
Contract
Date
10/3/2017
Contract Starting Date
10/3/2017
Contract Ending Date
11/30/2017
Contract Document Type
Contract
Agenda Item
3/3/11
Amount
$2,500.00
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R 2017-547-E DEAPR - Kennon Craver for legal services for purchase of trail easement on Triangle Land Conservancy's Brumley Forest
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\Board of County Commissioners\Contracts and Agreements\Contract Routing Sheets\Routing Sheets\2017
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DocuSign Envelope ID:65E9A8D2-18C4-4B97-8580-E126BE266687 <br /> KENNON GRAVER <br /> Wilham A Anderson,III plic <br /> (,wendolyn( ',hooks* <br /> Joel MChug ATTORNEYS AT LAW <br /> G Rhodes Craver <br /> James R Liuthom <br /> Brian M Ferrell <br /> William I Hutchins,/ 01 <br /> Deborah A McDermatt <br /> Candace B Miniares <br /> Ilerer))W Sappenfr:eld <br /> Leigh P Vane/ <br /> A William Kennon, Retired <br /> Katherine I.McKee, Retired <br /> Board Certifred Specialise ivt <br /> LLstate Planning r Probate taw <br /> "'*Board(,trtijzed S/reria/r,rt in Real Property Law; <br /> Business, I ammo Hal and Industrial Transaction, <br /> September 28, 2017 <br /> Ms. Kim Livingston <br /> Land Conservation Manager <br /> Orange County, North. Carolina <br /> P.O. Box 8181 <br /> I Iillsborough,North Carolina 27278 <br /> VIA EMAIL DELIVERY <br /> RE: Engagement For Legal Services: Acquisition of Brumley Forest Trail Easement <br /> from Triangle Land Conservancy <br /> Dear Ms. Livingston, <br /> We are pleased to represent Orange County in the acquisition of the above referenced <br /> easement (the "Easement"). If agreeable to the County, this letter establishes the terms of our <br /> engagement. <br /> Title Search & Title Insurance <br /> The property to be encumbered by the Easement is comprised of an approximately 162 <br /> acre parcel identified as having Orange County PIN 988-37-22214 (the "Property"). In <br /> preparation for closing, we will perform a title search on the Property. The nature of that search <br /> may take on many one of two forms, depending upon whether or not the title has previously been. <br /> insured. If the title has not been previously insured, a search of the public records for a period of <br /> time satisfactory to the title insurance company will be required. If the title has previously been <br /> insured, we can obtain coverage for the County by having the title examined from the effective <br /> date of that coverage to the present. The process of performing only a limited title search is what <br /> is known as "tacking". If we tack to an existing title insurance policy, the County will be relying <br /> on its policy of title insurance and not our having actually examined the public records for any <br /> matter affecting title prior to the date of the existing policy of title insurance to which we tacked. <br /> Therefore, absent your timely objection, we will determine if title insurance coverage exists on. <br /> the Property and, if so, have the public records examined only from the date of that coverage to <br /> 1 <br /> 4011 university drive, suite 300, duihain, Ili 27707 • past o ce box 51579, durham, nc 2771 7-1 57 9 <br /> TELEPHONE 919.4900500 FAX 919 i90 0873 • wwuh.kennoncraver,comn <br />
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