Title Search

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Title Search

The process of examining official county records to determine whether an owner's rights in real property are good.

A title search is conducted to discover whether there are any defects in the ownership of a particular tract of land. An Abstract of Title, prepared by the examiner subsequent to such an investigation, is a condensed history of the title to the land.

Cross-references

Recording of Land Titles; Registration of Land Titles.

title search

n. the examination of county records for the property's title history by a title company, an abstractor, attorney, or escrow officer to determine the "chain of title," and the current status of title, including owner, legal description, easements, property taxes due, encumbrances (mortgages or deeds of trust), long term leases, judgments or other liens. When a title search is completed, a "preliminary report" on title will be issued by the searcher. On the date of recording of any new transfer or encumbrance (such as a new secured loan), an up-dated "final title report" will be issued which will make it possible to obtain title insurance guaranteeing against any problems with the title. Sometimes the title search will turn up some "cloud on the title" which reveals something is wrong such as a break in the chain of title, inaccurate property description in a previous deed, or some old secured loan which has not been released. Such clouds can be a reason to cancel a contract for purchase of the real property. (See: title, chain of title, encumbrance, lien, escrow, title insurance)

References in periodicals archive ?
Tenders are invited for title searches and title insurance on farmland easement acquisition projects for the period of january 1, 2018 through december 31, 2019.
Draws from a good diversity of Realtors, Mortgage Brokers and Banks, Construction Loans, Refinancing, Title Searches, Short Sales for both Residential and Commercial Properties.
Linear Title and Closing provides national title searches and mortgage closing services.
Often the broker will know why the differences in price exist, but title searches can be ordered to confirm the broker's statements.
Johns County Legal Aid's pro bono program in that "even with a free attorney, there are sometimes costs associated with assisting, like deposition fees, publication costs, title searches, etc.
Arkansas Insurance Commissioner Jay Bradford last week fined a group of related Florida insurance companies $50,000 for issuing title insurance in Arkansas without a properly registered agent and without doing the required title searches.
While most forms of insurance involve the assumption of risk and the provision of financial indemnity, title insurance focuses primarily on loss prevention and the elimination of risk through thorough title searches, said James Maher, executive vice president of the American Land Title Association.
Nor does it prevent the local title search company from tacking additional charges, such as mailing costs to homebuyers for title searches, that you'd reasonably expect the insurer would take care of.
The company's Land Record System accesses records from the database, allowing users to complete title searches in 15 seconds or less, according to Zenodata.
The Land Registry Direct Service, which makes available to the legal profession results of title searches in minutes rather than days, online.
We had to literally go down to the state Bureau of Conveyances to do our title searches there -- have you been to the bureau?