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B-168106 1 (1974-03-05)

handle is hein.gao/gaobabkop0001 and id is 1 raw text is: B-168106 The Honorable Henry S. Reuss Chairman, Conservation and Natural Resources Subcommittee Committee on Government Operations House of Representatives I lllllllilllllllll illllll1 ll1llllll LM089692 Dear Mr. Chairman: In accordance with your November 1, 1972, joint request with Congress- man Guy Vander Jagt and subsequent agreements with the Committee, we have obtained information on (1) procedures and practices of certain Federal agencies for acquiring land title evidence, (2) procedures followed in ap- proving abstracters and title companies to obtain land title evidence for the U.S. Government, (3) standards of the Department of Justice concerning the qualifications of abstracters and title companies, and (4) land title evide o-V-fd - o by certain agencies. We have also obtained information on the liability of the issuer of a certificate of record title. The enclosures contain our analysis of scheduled data on land title evidence which certain agencies were requested to provide. Enclosure I presents an analysis of agencies' costs for land title evidence. Enclosure II presents their average costs and their uses of title insurance and the certif- icate of title and the use of the other forms of evidence. We conducted our review at the Corps of Engineers, U.S. Army; the Forest Service, Department of Agriculture; the National Park Service, the Bureau of Sport Fisheries and Wildlife, and the Bureau of Reclamation, De- partment of the Interior; and the Department of Justice. PROCEDURES AND PRACTICES FOLLOWED IN OBTAINING LAND TITLE EVIDENCE The Department of Justice's Standards for the Preparation of Title Evidence in Land Acquisitions by the United States governs the preparation of title evidence for all lands acquired by the United States. It describes the types of land title evidence acceptable to the United States and the basic criteria for the content and format of evidence. The information con- tained in the Standards has been assembled to conform with the types of evidence made available by the land title industry. ~44w foP5 02j RESTRICTED - Noto be reieasedJ outside the General Acculth~ 9'jNc excc-pt onhe basis of speci fic a-pproyal by the afife C'f co.gressOnag RCEt'1s a Vecd of h~c Ss kept by 0,e Distrbution Section, Pabfcatons Branch, OAS COMPTROLLER GENERAL OF THE UNITED STATES RELEASED WASHINGTON, DC. 20548 -041t 706

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