When you're trying to find a new piece of property, you can depend on your realtor for a lot. However, there are certain aspects of your property (such as title) that need additional assistance. In this article, we will discuss what your real estate agent should know when you are looking at the title of the property.
What Realtors Know About Title
Most realtors have a decent understanding from the title process. An excellent real estate agent might even know additional details about the title to your specific property and any easements, liens, or encroachments that may exist. But to get a full picture of your property's title, you really need to work with a title company.
When in Doubt, Consult with a Title Expert
While your realtor should have a passing familiarity with the title insurance process and the title for your specific property, they are not experts in title. Because of this, it's always a good idea to consult with a title insurance company before purchasing your property. Such a company can do an in-depth search through the chain of title and present you with a complete history of the ownership of the property. By using this report, your title insurer can draft a title insurance policy that protects you from future claims brought against your property.
Commercial Partners Title
The commercial real estate experts at Commercial Partners Title have decades of experience helping clients through the specifics of their commercial transaction. We are able to guide you through the entire process, from the start all of the method to the closing table. Our title closers, escrow agents, and underwriters are recognized as experts in commercial transactions across the United States. Contact us today at our downtown Minneapolis office to understand more by what we do and how we are able to help you together with your commercial transaction.