Preliminary Title Opinion

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USDA
Form RD 1927-9
(Rev. 9-99)
Loan Applicant

Submit

FORM APPROVED
OMB NO. 0575-0147
Exp. Date: MM/DD/YY

Position 5

PRELIMINARY TITLE OPINION
Address of Property

Applicant for Title Examination

County

State

I.

At the request of the above-named applicant(s) for title examination, I have examined title to the real property described
in attached Schedule A and, if the security includes a water right, to the water right described in attached Schedule B
(such real property or water right, or both, herein referred to as ''the property''), offered as security in connection with a
loan to be made or insured by the United States of America, acting through the United States Department of Agriculture
(USDA).

II.

My examination covered the period commencing with
filed for record on
, at

,

, at

,*
M. o'clock, to

,

M. o'clock.

III.

Based on said examination and any additional information concerning the title which has come to my attention, it is my
opinion that title to the property, subject only to the encumbrances, reservations, exceptions, and defects, and the
provisions of any security instrument authorizing future advances which would have priority over the proposed USDA
security instrument, all of which are set forth at the end of the description, is vested in the following party or parties:

IV.

In order to vest good and marketable title in fact to the property in the loan applicant or in the loan applicant and
co-applicant as required or permitted by the respective USDA Agency, subject only to the encumbrances, exceptions ,
and reservations which under written authorization from the respective USDA Agency may remain outstanding, the
following satisfactions, releases, payments, quitclaim deeds, warranty deeds, or affidavits or other conveyances or
curative instruments, must be obtained and, unless otherwise indicated, recorded:

V.

The names of the parties, in addition to the loan applicant(s), who must execute the security instrument in order to give
the respective USDA Agency a lien free and clear of dower, curtesy and homestead rights, are:

VI.

I will assist in closing the loan and promptly render a supplemental opinion covering the interval from the terminal date
of the search covered by this Opinion to the time when the real estate security instrument and any other necessary
instruments executed in connection with the loan are filed for record.

VII. I have made the title examination, and issue this Opinion. This Opinion is issued expressly for the benefit of the abovenamed applicant for title examination and the United States of America, acting through the United States Department of
Agriculture and I assume liability to each hereunder.
(Date)

(Attorney's signature)

(Address)

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. A federal agency may not conduct or sponsor, and a person is not required to respond to, nor shall a person be subject to a penalty for failure to comply with a collection

of information subject to the requirements of the Paperwork Reduction Act unless that collection of information displays a currently valid OMB Control Number. The OMB
Control Number for this information collection is 0575-0147. Public reporting for this collection of information is estimated to be approximately 1 ½ hours per response,
including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, completing and reviewing the collection of
information. All responses to this collection of information are voluntary. However, in order to obtain or retain a benefit, the information in this form is required under 7
CFR 1927-B, Real Estate Title Clearance and Loan Closing. Rural Development has no plans to publish information collected under the provisions of this program. Send
comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden to: Information Collection
Clearance Officer, Rural Development Innovation Center, Regulations Management Division at [email protected]

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