Aristocrat Title Glossary of Terms

This glossary is provided by Aristocrat Title to help consumers and REALTORS® better understand the closing process. For questions specific to your transaction, reach out to our team anytime.

Term	Definition
Warranty Deed	A deed guaranteeing clear title and the seller’s legal right to transfer ownership.
Wire‑Fraud Prevention & Secure Funds Terms	Wire Fraud A real estate fraud scheme where criminals attempt to intercept funds by impersonating parties in the transaction and providing fake wire instructions. What this means for you: Always call our office to verify wire instructions before sending any funds to ensure they are legitimate and secure. Secure Wire Instructions Official wiring directions provided directly by the title company. Legitimate instructions never change by email. What this means for you: If wire instructions appear to change, stop immediately and call our office. Any change is a red flag for fraud. Call‑Back Verification A security practice requiring parties to call a verified title company phone number to confirm wiring instructions before sending funds. What this means for you: Expect us to confirm wire details with you directly. This protects you from fraudulent transfers. Phishing Fraudulent emails designed to trick recipients into revealing personal information or diverting funds. What this means for you: Do not click unfamiliar links or share personal information through email. When in doubt, call us to confirm communications. Earnest Money Wiring Funds sent electronically to secure the purchase. Must follow secure instructions and verification steps. What this means for you: Always verify instructions with our office before wiring earnest money to ensure accuracy and protection. Good Funds Law (Indiana) State law requiring verified funds. Wires required for amounts over $10,000; cashier’s checks permitted only below that threshold. RON (Remote Online Notarization) Digital notarization allowed when lender permits, with identity verification protections. What this means for you: You may sign securely online when allowed, offering convenience while maintaining safety and identity protection. Escrow Security Internal systems and controls used by title companies to protect client funds and sensitive information.

Term

Definition

Warranty Deed

A deed guaranteeing clear title and the seller’s legal right to transfer ownership.

Wire‑Fraud Prevention & Secure Funds Terms

Wire Fraud

A real estate fraud scheme where criminals attempt to intercept funds by impersonating parties in the transaction and providing fake wire instructions.

What this means for you: Always call our office to verify wire instructions before sending any funds to ensure they are legitimate and secure.

Secure Wire Instructions

Official wiring directions provided directly by the title company. Legitimate instructions never change by email.

What this means for you: If wire instructions appear to change, stop immediately and call our office. Any change is a red flag for fraud.

Call‑Back Verification

A security practice requiring parties to call a verified title company phone number to confirm wiring instructions before sending funds.

What this means for you: Expect us to confirm wire details with you directly. This protects you from fraudulent transfers.

Phishing

Fraudulent emails designed to trick recipients into revealing personal information or diverting funds.

What this means for you: Do not click unfamiliar links or share personal information through email. When in doubt, call us to confirm communications.

Earnest Money Wiring

Funds sent electronically to secure the purchase. Must follow secure instructions and verification steps.

What this means for you: Always verify instructions with our office before wiring earnest money to ensure accuracy and protection.

Good Funds Law (Indiana)

State law requiring verified funds. Wires required for amounts over $10,000; cashier’s checks permitted only below that threshold.

RON (Remote Online Notarization)

Digital notarization allowed when lender permits, with identity verification protections.

What this means for you: You may sign securely online when allowed, offering convenience while maintaining safety and identity protection.

Escrow Security

Internal systems and controls used by title companies to protect client funds and sensitive information.