The cornerstone of a thorough title examination and the assurance of clear property ownership lies in the meticulous review of public records. For realtors, lenders, and investors, understanding the scope and significance of these records is fundamental to appreciating the work of a title company like Tier 1 Title.
Public records encompass a vast array of documents related to real property, including deeds, mortgages, liens, judgments, tax records, probate filings, and more. These records, maintained by various government entities at the local, state, and sometimes federal levels, provide the historical chain of ownership and detail any legal claims or encumbrances against a property.
Tier 1 Title‘s experienced title examiners conduct comprehensive searches of these public records, tracing the ownership history and identifying any potential issues that could affect the marketability or ownership of the property. The accuracy and completeness of this search are paramount in ensuring a clear and insurable title.
For realtors, understanding that a thorough title search protects their clients from future legal challenges is key. Lenders rely on the title search to confirm the borrower has clear ownership and their mortgage will be a valid lien. Investors use the information gleaned from public records to assess the risk and potential of a property.
