What is a title search?
A title search is a detailed examination of the historical records concerning a property. These records include deeds, mortgages, court records, property and name indexes, taxes and many other documents. The purpose of the search is to verify the property owner’s right to sell or finance the property and to discover any claims or defects to the property.
• A title search is a detailed examination of the historical records concerning a property. These records include deeds, court records, property and name indexes, and many other documents. The purpose of the search is to verify the seller’s right to transfer ownership, and to discover any claims, defects and other rights or burdens on the property.
The title Search is the first step in obtaining Title Insurance. It is a detailed examination of the historical records concerning the property. These records include deeds, civil and probate court records, tax records, and more. The purpose of the title search is to verify the sellers right to transfer ownership and to discover any claims, errors, assessments, debts, or other burdens or restrictions on the property.
The title insurer conducts a detailed examination of the historical, public records concerning the property. These records include deeds, court records, property and name indexes and many other public documents. The purpose of the search is to verify the seller’s right to transfer property ownership and to discover any defects or encumbrances on the title. A title search should show all title defects and encumbrances as well as judgments, liens and other restrictions (i.e., unpaid taxes, unsatisfied mortgages, judgments against the seller, land-use restrictions, etc.). Remember, the seller’s title policy does not protect you as a buyer. Any title defects could have begun during the seller’s ownership and a new title policy will protect your ownership rights when you acquire the property.
