Title sEARCH AND EXAM
Title search and examination are essential processes in real estate transactions. They involve a thorough review of a property’s history, legal documents, and public records to verify ownership and identify any potential issues that could affect the title. This meticulous process helps ensure that the property is free from liens, encumbrances, or other legal complications, providing peace of mind to buyers and lenders. By conducting a title search and examination, stakeholders can confidently proceed with the transaction, knowing that the property’s title is clear and marketable.
Comprehensive Title Search:
Conduct thorough searches of public records to identify any liens, claims, or encumbrances on the property.
Title Abstracts:
Conduct thorough searches of public records to identify any liens, claims, or encumbrances on the property.
Title Insurance:
Provide detailed abstracts summarizing the property’s title history, including past owners and any legal issues.
Judgment and Lien Searches:
Check for outstanding judgments, liens, or mortgages that could affect the property’s title.
Property Deed Research:
Investigate the current and past deeds associated with the property to confirm ownership.
Covenant and Restriction Review:
Analyze any covenants or restrictions that may affect the property’s use or value.
Zoning and Land Use Compliance:
Verify zoning regulations and land use compliance to ensure the property can be used as intended.
Survey Review:
Review property surveys to confirm boundaries and identify any potential boundary disputes.
Flexibility
24/7 Availability
Cost Efficiency
Improved Efficiency
Email: info@abidassociates.com
FAQs
A title owner search involves examining public records to identify the current and past owners of a property, along with any claims or liens associated with it.
It is crucial for confirming ownership, understanding the property’s history, and ensuring there are no outstanding issues that could affect a purchase or investment.
Typically, you need the property address, parcel number, or legal description to locate the relevant records.
Key records include deeds, mortgage documents, liens, and tax records, which provide insight into the property’s ownership history.
The duration varies based on the property’s history and the complexity of the records but generally ranges from a few days to a couple of weeks.
- Experience in relevant field
- Their Reliability and Confidentiality
- Their growth from their starting days
- If they have added new services and advanced technology with time or not.
- Should have a proper mode of communication
- How well they treat their employee
- If their employees go through regular training or not
- Task completed by a professional expert within time
- You can focus on the core processes of your business rather than supporting one
- Reducing recruiting cost
- Reducing the administrative burden by sharing
- Sharing confidential data
- Lack of control
- Hidden costs especially in off-shore outsourcing
- Vendors may not put complete focus on your work as they are working for other companies as well.
If discrepancies are found, it is advisable to consult with a real estate attorney or title professional to address and resolve these issues.
While related, a title owner search focuses specifically on ownership history, whereas a title search includes a broader examination of all title-related issues.
If a previous owner is deceased, the title search will include probated estate documents and any transfers made through a will or trust.
While it’s possible to perform a search independently, hiring a professional can ensure a more thorough examination and help navigate any complexities.