Understanding the role of a Title Examiner in conducting title searches and preparing title reports.
Unknown liens are claims by creditors that were not identified in the initial title search, presenting potential risks in real estate transactions.
A detailed examination of the historical records and documents pertaining to the ownership and conditions of a real estate title, focusing primarily on recent records for quick verification.
Merchantable Title is a term in real estate law equivalent to Marketable Title. It refers to a title that is free from significant defects and reasonable risk of litigation, making it acceptable for sale or mortgage.
A thorough investigation of documents in public record offices to determine the state of a property title, including liens, encumbrances, mortgages, future interests, and other factors affecting the property.
An overview of the Torrens Registration System, a title registration system used in some states to simplify the process of discovering title conditions without conducting a detailed title search.
A comprehensive exploration of title searches, including their definition, the process involved, and the importance of title insurance in property ownership.
