Email-based, real estate fraud schemes are on the rise. One common scenario is altering wiring instructions with the intention of rerouting funds.
Keeping this in mind, First American Title is changing the way we receive payment information. It is imperative that we are familiar with the people in our transactions.
RELYING ON EMAIL ALONE IS NO LONGER AN OPTION.
Fraudsters often use email to send falsified wire instructions to unsuspecting victims. Please warn your buyers and sellers to only follow wire instructions they receive personally from First American Title.
Additionally, we will not accept disbursement instructions for seller or buyer funds via email OR from any third party (attorney, real estate agent, etc).
ALTERNATIVE INSTRUCTIONS?
If your buyer or seller receives alternative wiring instructions that appear to be from First American Title, make sure they contact their escrow officer at a trusted phone number for confirmation.
Know that our wiring instructions do not change so any communication is suspect. Our banking institution is First American Trust.
IN SHORT – wire instructions will not be accepted by email. New wire instructions must be hand-carried or uploaded to the First American Secure Portal.
Thank you for joining First American Title in fostering a secure real estate transaction process. Have questions or concerns? Please contact our office or your escrow officer.
LIMITATION OF LIABILITY FOR INFORMATIONAL REPORTS
IMPORTANT -- PLEASE READ CAREFULLY:
This report is not an insured product or service or a representation of the condition of title to real property. It is not an abstract, legal opinion, opinion of title, title insurance commitment or preliminary report, or any form of Title Insurance or Guaranty. This report is issued exclusively for the benefit of the Applicant therefor and may not be used or relied upon by any other person. This report may not be reproduced in any manner without First Americans prior written consent. First American does not represent or warrant that the information herein is complete or free from error, and the information herein is provided without any warranties of any kind, as-is, and with all faults. As a material part of the consideration given in exchange for the issuance of this report, recipient agrees that First Americans sole liability for any loss or damage caused by an error or omission due to inaccurate information or negligence in preparing this report shall be limited to the fee charged for the report. Recipient accepts this report with this limitation and agrees that First American would not have issued this report but for the limitation of liability described above. First American makes no representation or warranty as to the legality or propriety of recipient's use of the information herein.
Get Smart
When recorded, return to:
James R. Nearhood
Nearhood & Lepley, PLC
7501 East McCormick Parkway
Suite 114N
Scottsdale, Arizona 85258-3471
12/18/97 04:26 RICHARD
DECLARATION OF RESTRICTIONS FOR GOLF COURSE USE
This Declaration is made by Grayhawk Investments L.L.C., an Arizona limited liability company, the successor to the purchaser under Certificate of Purchase No. 53-99869, recorded in the Office of the Maricopa County Recorder on August 5, 1993, as instrument number 93-0520230 ("Declarant"), as present owner of, and to establish the nature of use and enjoyment of, the real property located in Maricopa County, Arizona, known as Grayhawk Talon Golf Course which is more particularly described in Exhibit A attached hereto (the "Premises"). Declarant declares the Premises to be subject to the following express covenants, stipulations and restrictions, all of which are to be construed as restrictive covenants running with the title to the Premises:
1. The Premises shall be used for a golf course as such term is defined in A.R.S. S42-146, or any successor statute thereto, and for related uses, including practice and maintenance areas, transition areas, lakes, cart paths and drainage areas.
2. The covenants and restrictions set forth in Paragraph 1 hereof shall run with the land and shall bind all owners of the Premises and their heirs, legal representatives, successors and assigns for a period of eleven years; provided however, that on the date one year from the effective date hereof and each anniversary date thereafter, the term of the covenants and restrictions set forth in Paragraph 1 hereof shall be extended automatically
by one year (so that the restriction will always apply for at least ten years) unless and until the holder(s) of the legal and equitable title to the Premises execute and record an amendment to this Declaration that specifies otherwise.
3. Except as otherwise provided in Paragraph 2 hereof, or in A.R.S. $42-146, no third party shall, by reason of this Declaration, acquire any rights or interest with respect to the use of the Premises.
4. To the best of the Declarant's knowledge, this Declaration affects the following parcels listed on the 1998 Maricopa County Tax Roll:
IN WITNESS WHEREOF, the Declarant has executed this Declaration effective as of the 16th day of December, 1997.
GRAYHAWK INVESTMENTS L.L.C., an Arizona limited liability UnofficialDocument pany
By Grayhawk Holdings, Inc., an Arizona corporation, its Managing Member
Dr GotetB.Riu
Its Exec.V.P.
STATE OF ARIZONA SS.
County of Maricopa )
BEFORE ME, on this the 16th day of December, 1997, personally appeared Robert B. Rice as the Exeeutive Vice President of Grayhawk Holdings, Inc., an Arizona corporation, Managing Member in Grayhawk Investments L.L.C., an Arizona limited liability company, known to me to be the person whose signature is affixed to the foregoing instrument and
IN WITNESS WHEREOF, I hereunto set my hand and official
acknowledged that they, being authorized so to do, executed the same for the purposes therein contained. seal.
Donilr Q. rozun Notary Public
My Commission Expires: MY COMMISSION EXPIRES MARCH 19, 1998
Tracts 1, 2 and 3, according to the First Amendment to State Plat No. 27 Amended Core North, recorded in the Office of the Maricopa County Recorder on April 20, 1995 as instrument number 95-0220216.
Except any portion thereof lying within the proposed right-of-way of Thompson Peak Parkway, Grayhawk Drive and 87th Street as shown on said Plat.
