When you’re searching for a new piece of property, you can rely on your real estate agent for a lot. However, there are certain aspects of your property (such as title) that require additional assistance. In this article, we are going to discuss what your real estate agent should know when it comes to the title of your property.
What Realtors Know About Title
Most realtors have a decent understanding of the title process. A great real estate agent may even know additional information 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 real estate agent should have a passing familiarity with the title insurance process and the title to your specific property, they are not experts in title. For that reason, 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 full history of the ownership of your property. 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 can guide you through the entire process, from the start all the way 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 learn more about what we do and how we can help you with your commercial transaction.