What does a property title search involve and what type of information does it provide?

Answer 1

A full property title search involves going through all the recorded documents, court cases, etc. (basically anything of public record). The simplest report will involve a "chain of title" which is basically just a list of who owned the property, who they sold to, etc. A typical report should also consist of tax information, such as whether or not taxes were paid, how much, parcel ID number, that sort of thing. It should also include any easements, and conditions and restrictions (for example, no fences over 6', no single story structures). Normally it will tell you whether or not there is an As-Built survey available for the property if you're in an area that requires it. In some areas it is also a requirement to make sure that the owners and/or buyers do not have any outstanding court cases that may affect the property (i.e. bankruptcies).

That's the simple run down. Basically it involves a Title Examiner pouring over a whole lot of documents and plat maps and a few phone calls here and there if something needs to be verified. That's a very simplistic description, but it gives you the gist of it.

Answer 2

A property title search can tell you if taxes has been paid and if there has been unpaid taxes in the past several years. It also tells you who has owned the property, if there is a lien on it etc. In other words it tells you everything you need to know about this property. A title search is normally run on a piece of property each time it is sold. If you know what you want to search for, you can go to your county court house and start with Register of Deeds and take it from there.

Answer 3

A property title search traces the ownership of the property through past owners in the county records. It searches for unresolved liens, odd transfers, and generally assures that the people selling you the property have the right to sell it. The search then allows the title insurance company to write a guarantee that you own the property and that no one else can come up and claim it. Most lenders will not lend against property that does not have title insurance.

Answer 4

It searches all owners of that property to make sure all titles were properly handled when the property was sold. It guarantees that you will have a legal title.

Answer 5

I often spend my half an hour to read this blog's posts daily along with a mug of coffee.

Answer 6

Interesting question

Answer 7

i got no idea im just really bored at work randomly looking at questions.