Title Holding Services Corporation Information

THSC serves as title holding trustee for both active real estate transactions in which property is expected to be bought and sold within one year and passive services in which title is expected to be held for more than one year and not to involve any significant transactions on a regular basis. Secured and unsecured notes may also be serviced, which is considered a active service with respect to THSC. At this time, THSC provides title holding services only when the trust instrument has been prepared by Ballard Law and the property is located in California. Members can nominate other attorneys, particularly for States other than California to be approved for submitting and/or reviewing trust documents for acceptance by THSC. THSC will consider expanding services to other States based upon demand for services. Nevada and Arizona are under consideration. THSC must first qualify as a "foreign corporation" to conduct business in another State. The fees discussed below do not include legal fees applicable to the transaction or additional providers such as escrow and title. Some transactions may be escrowed through a law office rather than an escrow office or title company.