Press Club

Boring Title: Market Trends Update and Where to Invest with Amazon’s HQ2 Arrival

Title insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly feature will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends’ entrepreneurial careers.

Title Tip of the Week 

If a resident of Virginia dies without a will (intestate), then according to Virginia Code § 64.2-200, the real estate passes directly to the heirs at law. The person who qualifies as Administrator of the estate does not have title to the real estate or the power to sell it.

The sale of the real estate can only be accomplished in two manners:

  • Petition the court for power of sale
  • By agreement of all the heirs

Therefore, in the case of an intestate estate, if possible, it’s often best to have all the heirs sign the listing agreement and contract, then convey the property at Settlement. This avoids the necessity of filing a Petition with the Court for Power of Sale.

Recent Stories

Join the Keri Shull Team May 24 to learn about creating a custom-built home while avoiding costly mistakes.

Update at 4:15 p.m. — A Severe Thunderstorm Warning has now been issued for most of Arlington. BULLETIN – IMMEDIATE BROADCAST REQUESTED Severe Thunderstorm Warning National Weather Service Baltimore MD/Washington…

Arlington County Board member Libby Garvey is quarantining in Germany after testing positive for COVID-19 while on a trip. Garvey told ARLnow she’s doing relatively well, and feels mostly like…

A woman was seriously injured over the weekend after police say she was apparently pushed out of a moving vehicle. It happened early Sunday morning along Wilson Blvd at the…


Subscribe to our mailing list