How Your Home’s Title is Affected by a Public Record Title Defect

How Your Home’s Title is Affected by a Public Record Title Defect

Here are some common title defects and how they can affect your property rights and title.

While the home you recently purchased is brand-new to you, it has a life and history from before you bought it. It’s these histories that can come with a significant amount of unwanted baggage. During any real estate transaction, a title search is always conducted. This title search looks at whether there are any potential title defects that can have an impact on the final purchase of the property. Here are some common title defects and how they can affect your property rights and title.

Error in Public Records

Unfortunately, errors in public records are incredibly common. Humans are not error-free, so it makes sense that clerical issues and filling errors can occur. When it comes to your property, being aware of the potential defects — particularly the most common ones — can make a world of difference in the real estate process. All of this knowledge is a great way to ensure that you don’t encounter any unexpected costs when purchasing your home.

Performing a Title Search

The most important part of a real estate transaction is the title search. A title search is performed to determine whether or not your home’s title is totally clear and free of any defects. This title search will also include an examination of any potential mistakes that may have been part of your home’s purchase and ownership history. It is during this title search that the registrar of deeds, clerk of courts, or other county officials will examine all documents associated with your home and ensure that it belongs to you.

How to Avoid Errors in Public Records

One of the things people should note is that it is quite difficult to avoid errors in public records. As mentioned earlier, errors in public records are very common. Avoiding them is nearly impossible. As a result, the only thing buyers can control is their ability to protect themselves against any title defect that may arise throughout the real estate process. Having an owner’s title insurance policy will safeguard homebuyers against the negative consequences of title defects, should they occur.

A Title Company You Can Trust: Colony Title

At Colony Title, we will help you through the process of getting your property’s title and help you avoid the pitfalls of hidden costs while you buy your home. We are also well trained in identifying any and all errors in public records and helping you resolve them. We specialize in real estate title insurance in both Maryland and Washington, D.C., and we will perform an expert title search, check through all past documentation, and examine records for any fraud or forgery. For more information on how we can get you into the home of your dreams, contact us online or give us a call at (410) 884-1160. To get more updates on housing markets and how to get into your home, follow us on Facebook, Twitter, LinkedIn, and Google+.

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