What are the title companys responsibilities in addition to conducting the title search?
Rocky Point Title will initiate and conduct a title search of the property upon the request of the lender, the realtor or the buyer depending on whether the purchase is being financed. The title search often reveals minor title problems that need to be corrected before title can be considered “clear”. Most such minor title problems can be corrected by obtaining and recording “corrective” documents at the appropriate registry of deeds. Unless there is a more serious title issue to resolve, which is not the usual case; the closing can take place within days of receiving the title search request.
