Your parents signing over their house to you will be considered a gift, will require the filing of a gift tax return (probably not trigger any gift tax), and will reduce your parents lifetime gift exclusion. 

I would make sure that the title policy is not taking "exclusion" to this so that the policy is covering anything that might be owed to settle the claim if they did not escrow enough money. 

For example, my County has a legal newspaper that publishes this information.  

Hey @Matt McGillian I invest almost exclusively in Delco.

If you argue it is exclusively about property and land, you are building saddles in a Model T world. 

The sale of a primary residence falls under Section 121 of the Internal Revenue Code (121 Exclusion). 

Since it's outside of your main residence it won't qualify if you sell as part of the primary residence exclusion.

I’m a public insurance adjuster and am seeing policies with exclusions for the damage caused by the freeze, but are paying for the repairs to pipes.

There are syndicated deal sponsors that specialize in 1031-exchange-friendly deals (either exclusively or as a side product) and that might be worth investigating for you. 

If you lead them there, and don't move right away, just because you did all the leg work up to this point, doesn't give you exclusive rights to it.