Need experts: Understanding house title when buying a home QUESTIONS: 1. Please fill your name in this blank and email me back this entire paragraph along with your written responses to the rest of the questions below: I, _______________(INSERT YOUR NAME) hereby give my permission to Rocket, LLC and its affiliates, agents, and partners (“Authorized Persons”) to use my name, likeness, and any quotes, statements, or media I provide (collectively, “Materials”) for marketing, advertising, or promotional purposes. This includes use on websites, social media, digital or print ads, and other marketing platforms. I understand that my quote(s) may be edited for clarity or length but will not be misrepresented. I confirm that my statements reflect my honest opinions and experiences. By sending this electronic email, I grant Rocket, LLC the right to use these Materials and my Likeness without further approval or compensation. I also release Rocket, LLC from any liability related to the use of this content as outlined above. 2. Please define and explain what a house title is, its importance, and how it is different from a deed. 3. What are common ways to hold a house title, including: a. sole ownership – what does it involve, who is it best for, and what are the important financial and legal consequences b. joint tenancy – what does it involve, who is it best for, and what are the important financial and legal consequences c. tenancy in common – what does it involve, who is it best for, and what are the important financial and legal consequences d. tenancy by entirety – what does it involve, who is it best for, and what are the important financial and legal consequences e. community property – what does it involve, who is it best for, and what are the important financial and legal consequences f. living trust – what does it involve, who is it best for, and what are the important financial and legal consequences 4. How can you best protect your house title, including (provide details and tips for each of the following): a. Conduct a title search before buying b. Review the preliminary title report c. Purchase title insurance 5. When and why would you want to make changes to your house title (provide scenarios), and explain how to do so 7. What is your full name, title, company, city/state?