The Ogden standard. [volume] (Ogden City, Utah) 1902-1910, 1910-03-28
AVOID DELAYS IN
MAKING DEEDS

Speed counts In the real estate
business these days" said local real.
ty man yesterday in discussing the
transfer OF property. '"In the art OF
transferring property speed Is az
much OF a requisite as many other
requirements. To be able 10 deliver
n clear title IN piece OF property In
short order, before the prospective
buyer has chance to change his
mind, or find something better. or
which for the time strikes his fancy
better. has often been the meanS OF
helping along a sale. which otherwise
might have gone glimmering, or per
haps into the hands of another
agent. Because of tho pressure which
has boen brought 10 boar on the yar.
Gus abstract and title companies they
have learned 10 dispatch the business
sought rapidly and with the least pos
slble expense
One feature. which is In vogue TO
greater extent in some of the larg-
er cities OF the United States, has
won quite a following in this city.
This is the certificate OF title, which
Is primarily a guarantee from the alb
stract company that the abstract OF
piece of property which they have In
Yestignted has been found clear and
unencumbered. This certificate takeI
the place OF pages and pages Of ac.
tual abstracts. which were produced
before the certificate OF title came
into use. In fact. at the present tins
In Salt Lake I suppose the moro prev
alent system OF tho two is the old
way. By many, however. the certl6
cate OF title is considered safer and
moro profitable than the old cum
bcrsomo abstract which every pur.
chaser was burdened with upon buy.
Ing a now holding
Abstract Too Cumbersome.
There ia Increasing dissatisfaction
with the abstract because OF It's bulk
iness and the necessary time required
In its compilation. II Is claimed BIZ
many who have Investigated thorough.
ly tho merits OF both systems, that
the abstract itself is an unfinished
product and that therefore the alb.
5tract fails to meet the requirements
OF an Grban community
Then, too, the questions OF liabil-
ity and responsibility are being CON
sidered as never before. Tho COM
pleXity of community property laws
resulting In diverging views upon tho
same propositions OF low. the frequent
attempts In our courts to establish
latent equalities-all have had q ten
dency TO direct the attention of In
yestors toward speed and safety in
title examination and ceTthcatlon.
They are no longer content that the
liability OF abstractor and OF cxnmln-
er should depend upon the doctrine
OF negligence; nor that the latter
should be excused from giving an er-
roneous opinion upon a mooted ques-
lion OF law. They require some form
ot title evidence and assurance. IN
ier which there Is unqu4stioned La
oility without regard TO negligence
and back Of which there Is absolute
responsibility
This certificate Is not the result
II any one individual g work ordln-
Irily not less than six people contrib
tie their labors in the llsting. checking
md re-eXamlning OF tho finished certi-
icate, and wherever the system Is
'eing successfully operated IL Will be
ound that the searchers and exam
ners arc specialists who have been
aught 10 do quickly and well their
articular branch OF the work.
'UProyislon is made by eome OF the
irger companies operating through
Ut the country for a special fund
backing" up their certificates OF title
nd policies OF title insurance only"