How Do You Conduct A Property Title Search?
In general, when property is being transferred to a new owner—through a sale, a gift or inheritance—a title search is needed to know the history of ownership. The report is referred to an abstract of title, or simply an abstract, and is required by real estate law before assigning deed of ownership. Mortgage companies also require the abstract before they approve a loan. Specifically, a title search is used to ensure that the property is owned free and clear and that any existing liens are paid off at the time of closing. Go to the courthouse for the county in which the property is located. Property records are maintained at either the county courthouse or county recorder. Most public offices have people to assist you with finding property deeds. Check with the federal courthouse for bankruptcy filings to see if the seller is involved in litigation. Go to the local library to conduct a search on the Internet. Most online resources charge a fee. However, your library may provide the
