Fees TOTAL $3795.00ESTIMATED THIRD PARTY CLOSING COSTSBroker Fee Agreement 0Estimated Settlement Fee 300.00Estimated Title Insurance Premium 500.00Estimated Recording Fees 150.00Estimated Re-Conveyance FeeTitle Elimination Fee (MFH Only)Estimated Hazard Insurance Premium 673.00 Escrow Holdback Fee ($150 if applicable) 150.00Independent Closing Services Fee 300.00 TOTAL $2073.00TRANSACTION SUMMARYTerm 24 MonthsInterest Rate 15%Monthly Payment $287.50LTV 50%Loan Amount $23,000Cash to borrower $17,132.00

Through the auction or by sale, the rights are bundled back together and conveyed to the next party.What recourse do you have as Party B over Party C?

I feel like I'm not conveying it correctly. 

Saying "our driveway" won't cut it;Driveway agreementThe parties, named owners, each having the powers to grant, sell, convey and set over, each to the other, those rights and conveyances of easements being granted, for the use and maintenance of that certain common driveway described as follows:  ....that existing driveway beginning at the southeast corner of lot 16, cherry hills subdivision according to the recorded plat thereof located in Longhorn County, Texas thence running northwesterly parallel to said westerly lot line 65 feet, thence easterly 24 feet to that point 16 feet easterly of the west lot line of Lot 14 of cherry hills subdivision according to the recorded plat thereof and 152' south of the said northwest corner of Lot 14, thence southerly parallel to said lot line 64 feet to the right-of-way, thence westerly to the point of beginning, all laying in within the legal descriptions of said parcels, containing 1,421 square feet, M/L, in said County.    

But you do want to talk to him.You should explain to him exactly what you just conveyed to us. 

The goal of contracting a piece of property is to gain equitable title, and eventually conveyance.  

A lender is usually 2 or 3 steps away from causing a financial loss, profits, purchases, material purchases, permits, deed restrictions, conveyances, payoffs, there is a whole other world of ways to find trouble when a borrower relies on your performance.

I will be re-conveying title to an LLC prior to soon, definitely prior to generating income with the property.However, I am puzzled as to, how can an S-corp purchase a corporate office and avoid the pitfalls in the article?

I feel that even though this is meant to protect, prevent & detect fraudulent activities or money laundering or any criminal associated activity, which ultimately is meant to protect consumers, it conveys negatively for that consumer trying to obtain an honest mortgage.

Really, I'd just be asking the seller to come up with the money and convey it to me at the closing.