What Is Title Search And Why You Need To Know About It


Do you not know or understand what is title insurance? In this post, will go over it so you can understand in the future.

In real estate, a title search or property title search is basically the single process of retrieving documents that evidence the events in the history of a piece of real estate or property, to then determine the relevant interests in and regulations concerning that property itself. In fact, before any real estate transaction can close, a title search must be conducted. The most accurate way to describe title to a property is that it is essentially a bundle of right in real property. As a result, a title search is a process of determining from the public record just what these specific property rights are and who exactly owns them. 

The Nitty-Gritty Of A Title Search

A title search simply means that the title company is looking to determine that the person who is actually selling the property is actually the one who has the legal right to sell that piece of property. In fact, it protects the buyer to ensure they are getting all the rights to the property or the title which should be free and clear of any issues.

The Title Search Process

The title search process can be undertaken by either a title company or attorneys. In fact, some areas require an attorney to conduct the title search. Regardless of who is responsible for conducting the title search, the essential component of a real estate transaction is that a title search must be completed. In most real estate transactions, a title insurance policy is customary to purchase. This insurance will ultimately ensure the buyer that he or she has purchased a valid title to a piece of property.

The Involvement Of Title Insurance

When title insurance is involved, the title company typically will determine the insurability of the title itself as a part of the title search process. In fact, this will ultimately lead to the issuance of a title policy, which then ensures the existence or possibly the non-existence of title to the property itself.

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, and LinkedIn. 

Tags: ,

Leave a Reply