Title policies pay out a premium to the party who underwrites the policy. 

There are many advantages to hiring a third party to manage this! 

You can terminate at any time, for any reason, and on any timeline as long as both parties agree.

The reason why many out of state investors and Agents have bad relationships is because BOTH parties are not being open with each other about what each of them need for the relationship to be mutually beneficial.

The depth of our reports helps an owner to avoid the need to hire a third party professional to justify their claim.To an underwriter this becomes a disclosure safeguard whereby at time of claim the owner is able to substantiate a full disclosure position with the insurance adjuster which puts the onus on the carrier to pay!"

Let them have their fun.Stay out of it, you would be liable to any injured party.

It leads to the idea that in order to acheive your goals the other party needs to compensate from their end.  

., so there's a bit of pressure to get this contract approved by the seller and all parties involved so I can see what the moneyguys say.Here's my question: How far should/do I as a first-time investor -- who wants this relationship to be a long-term, fruitful, mutually-beneficial relationship -- push to change the "standard contract" so that it only includes the wording that makes sense for an assignment? 

My fiancé recently had her bachelorette party there and absolutely loved it.

Equity was provided through a 3 party joint venture.