Construction & Real Estate

Understanding the Role of Title Companies in Commercial Transactions

Property transactions involve numerous legal requirements and regulations that can be challenging for the average buyer or seller to navigate. That’s why title companies play an essential role in the process, providing critical support to ensure the transaction is executed smoothly without any legal hiccups. One of the vital services provided by title companies is a thorough title search, which helps identify any issues with the property’s title that could create legal trouble down the line.

The Title Search
One of the first actions a title company will do when it becomes involved is performing a title search on the property. It will review all the public records related to the property and help to determine ownership of the property and any encumbrances that might impact the sale of the property.

During a title search, a title company or a real estate attorney will typically review various documents, including deeds, mortgages, tax records, court judgments, and other public records related to the property. This process helps to ensure that the seller has the legal right to transfer ownership of the property to the buyer and that the buyer will have a clear and marketable title to the property at the closing.

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