TITLE SEARCH
In a real estate transaction,
Preliminary title work involves a property title search. This is a thorough examination of all public records that involve title to a specific property. The purpose is to provide notice of title flaws that must be dealt with before the property can change hands. Before issuing title insurance, we search for unknown defects in a real estate title that may impact the transferability of the property.
Upside Title Provides
accurate title searches on behalf of property owners and lenders. We review various court and public records, including deeds, mortgages, liens, wills, divorce orders, unsatisfied judgments, encumbrances, tax records and maps. A title search will identify the legal owner of the property, a chain of title, as well as any outstanding debt, lien, claim or other encumbrance on a piece of real property. Common property title defects may include:
Judgment against the seller
Homeowner’s Association liens
Undisclosed or missing heirs; Break in the chain of title
Foreclosure Issues
Erroneous surveys
Mortgage defects
Unresolved building code violations
Homeowner’s Association liens
Property line and boundary disputes
Liens for unpaid taxes