What is a Property Title Search?

A title search is a detailed examination of the historical records concerning a property. These records include deeds, mortgages, court records, property and name indexes, taxes and many other documents. The purpose of the search is to verify the property owner's right to sell or finance the property and to discover any claims or defects to the property.

These documents can not only affect the seller’s legal right to sell the property but could also affect your legal right to own the property in the future if the title isn’t clear of debts and liens. 

What kind of problems can a title search reveal?

A title search can reveal several types of defects in title, liens, encumbrances, and restrictions. Among these are unpaid taxes, easements, unsatisfied mortgages, judgements against the property owner and restrictions of use or transfer.

A few types of title searches exist, allowing you to customize the type of information you’re looking for. Each search goes into a different level of depth and detail, checking different public records for new information. For example, there is a simple chain of title search, current owner search most common for refinances, full 42-year search for residential properties, and 60-year search which is common for commercial properties.

For more information on the importance of property searches, to order an exam, or a simple chain of title, give us a call at 330.686.2282 or e-mail kaley@buckeyereserve.com